1242 Highway 115MansuraLA71350
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Mansura at 1242 Highway 115, Mansura, LA, 71350 generates $997/mo in rent and, after a $612/mo payment, leaves $223/mo in cash flow. Total monthly income is $997/mo, and annual cash flow is $2,670/yr on $41,438 invested. Return on cash invested sits at 26.35% in year one, and rental yield is 9.57% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 137.45% and total cumulative return in cash sums $56,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $997/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71350, Mansura, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,276 (100%) |
| Owner Occupied HU | 1,298 (57.0%) |
| Renter Occupied HU | 557 (24.5%) |
| Vacant Housing Units | 421 (18.5%) |
| Median Home Value | $159,412 |
| Average Home Value | $174,180 |
Housing Distribution
Address Breakdown
Residential
1,520
Single Family
1,424
Multi-Family
96
Businesses
161
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