23316 Mango DrDenham SpringsLA70726
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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
Investment property for sale in Denham Springs at 23316 Mango Dr, Denham Springs, LA, 70726 uses $86,687 cash to close to unlock $4,292/yr annual cash flow and $358/mo monthly cash flow. Total monthly income runs $2,025/mo, and a $1,280/mo payment keeps the spread at $358/mo. Purchase price stands at $261,500, and rental yield measures 9.29% with $2,025/mo rent. Return on cash invested shows 24.86% in year one, and 5% annual appreciation builds toward $72,248 over five years. Five-year ROI reaches 129.65% and total cumulative return in cash records $112,388. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,025/mo property income covering a $1,280/mo payment rather than investor’s personal income.
Single Family
Built in 2016
10,018 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70726, Denham Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,377 (100%) |
| Owner Occupied HU | 18,181 (68.9%) |
| Renter Occupied HU | 6,047 (22.9%) |
| Vacant Housing Units | 2,149 ( 8.1%) |
| Median Home Value | $245,059 |
| Average Home Value | $287,868 |
Housing Distribution
Address Breakdown
Residential
25,796
Single Family
23,918
Multi-Family
1,878
Businesses
1,199
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Listed by: Ginger Murray • RE/MAX Properties
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025011000
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.