305 Jackson AveMandevilleLA70448
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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 Mandeville at 305 Jackson Ave, Mandeville, LA, 70448 uses $104,423 cash to close to unlock $5,814/yr annual cash flow and $485/mo monthly cash flow. Total monthly income runs $2,436/mo, and a $1,542/mo payment keeps the spread at $485/mo. Purchase price stands at $315,000, and rental yield measures 9.28% with $2,436/mo rent. Return on cash invested shows 25.48% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 132.72% and total cumulative return in cash records $138,593. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,436/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Townhouse
Built in 1984
1,200 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: Connor Mulvany • Realty One Group Immobilia
Mls Name: GSREIN
Mls ID: #2502062