237 Grand Coulee DrMansuraLA71350
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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 Mansura at 237 Grand Coulee Dr, Mansura, LA, 71350 uses $87,814 cash to close to unlock $1,784/yr annual cash flow and $149/mo monthly cash flow. Total monthly income runs $1,790/mo, and a $1,297/mo payment keeps the spread at $149/mo. Purchase price stands at $264,900, and rental yield measures 8.11% with $1,790/mo rent. Return on cash invested shows 21.94% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 113.76% and total cumulative return in cash records $99,896. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,790/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71350, Mansura, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,276 (100%) |
| Owner Occupied HU | 1,298 (57.0%) |
| Renter Occupied HU | 557 (24.5%) |
| Vacant Housing Units | 421 (18.5%) |
| Median Home Value | $159,412 |
| Average Home Value | $174,180 |
Housing Distribution
Address Breakdown
Residential
1,520
Single Family
1,424
Multi-Family
96
Businesses
161
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Listed by: Justin Gaspard • Better Homes & Gardens Real Estate Rhodes Realty
Mls Name: GCLRA
Mls Provider:
Mls ID: #2481773
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.