128 Linnette CtMandevilleLA70471
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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 Mandeville at 128 Linnette Ct, Mandeville, LA, 70471 priced at $1,950,000 converts $2,880/mo rent into after a $9,544/mo obligation. Total monthly income equals $2,880/mo. Return on cash invested prints 2.63% in year one, and rental yield reads 1.77% against a $1,950,000 entry. Equity gained on principal adds $12,583/yr, while 5% annual appreciation compiles into $538,749 by year five. Five-year ROI reaches 10.17% and total cumulative return in cash sums $64,229. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $9,544/mo payment, not borrower’s personal income.
Single Family
Built in 2021
N/A lot
$N/A/sqft
$1,716 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70471, Mandeville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 6,832 (66.8%) |
| Renter Occupied HU | 2,630 (25.7%) |
| Vacant Housing Units | 767 ( 7.5%) |
| Median Home Value | $428,132 |
| Average Home Value | $457,705 |
Housing Distribution
Address Breakdown
Residential
9,580
Single Family
8,033
Multi-Family
1,547
Businesses
1,323
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Listed by: Christine Westenberger • Fine Southern Properties, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2288717
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