23369 Mango DrDenham SpringsLA70726
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 Denham Springs at 23369 Mango Dr, Denham Springs, LA, 70726 listed at $243,900 pairs $1,903/mo rent with a $1,194/mo payment to leave $392/mo cash flow. Total monthly income runs $1,903/mo, and annual cash flow reaches $4,703/yr on $80,853 cash to close. Return on cash invested measures 25.73% in year one, and rental yield registers 9.36% at a $243,900 basis. Equity gained on principal adds $1,574/yr, and annual property appreciation at 5% supports $67,385 by year five. Five-year ROI tracks 134.05% and total cumulative return in cash totals $108,387. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,903/mo property income relative to a $1,194/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
0.29 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darrelyn Moore • Covington & Associates Real Estate, LLC
Mls Name: ROAM MLS
Mls ID: #2025020324