2037 Biron StMandevilleLA70448
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 Mandeville at 2037 Biron St, Mandeville, LA, 70448 at $289,900 posts ROI 26.85% with $556/mo cash flow from $2,352/mo rent. Total monthly income equals $2,352/mo, and annual cash flow records $6,674/yr on $96,102 to close. Return on cash invested measures 26.85% and rental yield reads 9.74% at the current $289,900. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 by year five. Five-year ROI prints 140.14% and total cumulative return in cash totals $134,673.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,352/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
7,458 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: Cheryl Fuselier • United Real Estate Partners
Mls Name: GSREIN
Mls Provider:
Mls ID: #2495636
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.