305 Bon Temps RouleMandevilleLA70471
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 305 Bon Temps Roule, Mandeville, LA, 70471 in Mandeville deserves attention. This $228,000 property earns $2,040/mo in rent, a 10.74% gross yield, and nets $621/mo after the $1,025/mo payment. DSCR 1.99 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $62,992 compounds alongside $2,100/yr in yearly equity build, for a total cumulative return of $126,877.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 5.0% |
| Monthly Cash Flow | $621 | $350 |
City averages based on Mandeville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,040 |
| Total Monthly Debt Service | $1,322 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1993
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70471, Mandeville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 6,832 (66.8%) |
| Renter Occupied HU | 2,630 (25.7%) |
| Vacant Housing Units | 767 ( 7.5%) |
| Median Home Value | $428,132 |
| Average Home Value | $457,705 |
Housing Distribution
Address Breakdown
Residential
9,580
Single Family
8,033
Multi-Family
1,547
Businesses
1,323
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
Single Family
Built in 1993
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70471, Mandeville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 6,832 (66.8%) |
| Renter Occupied HU | 2,630 (25.7%) |
| Vacant Housing Units | 767 ( 7.5%) |
| Median Home Value | $428,132 |
| Average Home Value | $457,705 |
Housing Distribution
Address Breakdown
Residential
9,580
Single Family
8,033
Multi-Family
1,547
Businesses
1,323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Theresa Dennie • LATTER & BLUM (LATT15)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2496839
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.