1483 Old River RdMansuraLA71350
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
Investment property for sale in Mansura at 1483 Old River Rd, Mansura, LA, 71350 listed at $298,000 pairs $1,987/mo rent with a $1,459/mo payment to leave $141/mo cash flow. Total monthly income runs $1,987/mo, and annual cash flow reaches $1,687/yr on $98,787 cash to close. Return on cash invested measures 21.62% in year one, and rental yield registers 8% at a $298,000 basis. Equity gained on principal adds $1,923/yr, and annual property appreciation at 5% supports $82,332 by year five. Five-year ROI tracks 112.03% and total cumulative return in cash totals $110,672. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,987/mo property income relative to a $1,459/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1987
0.62 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: PAULA GAUTHIER • EXP REALTY, LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2481966
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.