135 Shannon DrMandevilleLA70448
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 135 Shannon Dr, Mandeville, LA, 70448 priced at $335,000 converts $2,312/mo rent into $237/mo cash flow after a $1,640/mo obligation. Total monthly income equals $2,312/mo, and annual cash flow totals $2,838/yr on $111,053 invested. Return on cash invested prints 22.46% in year one, and rental yield reads 8.28% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 116.57% and total cumulative return in cash sums $129,452. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,312/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 1964
9,827 sqft 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: Bryant Manchack • Epique Realty
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025009343
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.