2875 Villere StMandevilleLA70448
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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 2875 Villere St, Mandeville, LA, 70448 generates $4,386/mo in rent and, after a $3,353/mo payment, leaves $143/mo in cash flow. Total monthly income is $4,386/mo, and annual cash flow is $1,710/yr on $225,365 invested. Return on cash invested sits at 20.82% in year one, and rental yield is 7.68% on a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 107.7% and total cumulative return in cash sums $242,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,386/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
2,308 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: Skip Scoggin • Scoggin Properties, Inc.
Mls Name: Greater Southern MLS
Mls ID: #NAB24007177
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.