13 Savoie DrMandevilleLA70448
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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 13 Savoie Dr, Mandeville, LA, 70448 priced at $519,900 pairs $3,882/mo rent with $661/mo cash flow after a $2,545/mo payment. Total monthly income equals $3,882/mo, and annual cash flow comes to $7,934/yr on $171,047 invested. Return on cash invested is 24.7% in year one, and rental yield stands at 8.96% on a $519,900 basis. Equity gained on principal adds $3,355/yr, and 5% annual appreciation accumulates to $143,639 by year five. Five-year ROI measures 128.52% and total cumulative return in cash reaches $219,832. For financing, Ziffy Mortgage’s DSCR program evaluates $3,882/mo property income against a $2,545/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70448, Mandeville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,854 (100%) |
| Owner Occupied HU | 8,376 (77.2%) |
| Renter Occupied HU | 1,932 (17.8%) |
| Vacant Housing Units | 546 ( 5.0%) |
| Median Home Value | $356,427 |
| Average Home Value | $392,692 |
Housing Distribution
Address Breakdown
Residential
10,367
Single Family
9,792
Multi-Family
575
Businesses
782
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Listed by: Amanda Miller • Amanda Miller Realty, LLC
Mls Name: GSREIN
Mls ID: #2529364