202 Doby 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 202 Doby Dr, Mandeville, LA, 70448 priced at $765,000 converts $3,960/mo rent into after a $3,744/mo obligation. Total monthly income equals $3,960/mo. Return on cash invested prints 16.35% in year one, and rental yield reads 6.21% against a $765,000 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation compiles into $211,355 by year five. Five-year ROI reaches 83.73% and total cumulative return in cash sums $210,731. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,960/mo property income covering a $3,744/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.82 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: Bronwyn Land-Planchard • Keller Williams Realty Services
Mls Name: GSREIN
Mls ID: #2515658