154 Oakwood DrMandevilleLA70448
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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 154 Oakwood Dr, Mandeville, LA, 70448 priced at $236,700 pairs $2,585/mo rent with $1,028/mo cash flow after a $1,159/mo payment. Total monthly income equals $2,585/mo, and annual cash flow comes to $12,331/yr on $78,466 invested. Return on cash invested is 35.62% in year one, and rental yield stands at 13.11% on a $236,700 basis. Equity gained on principal adds $1,527/yr, and 5% annual appreciation accumulates to $65,396 by year five. Five-year ROI measures 187.63% and total cumulative return in cash reaches $147,226. For financing, Ziffy Mortgage’s DSCR program evaluates $2,585/mo property income against a $1,159/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: GSREIN
Mls ID: #2510537