3620 Highway 135ManghamLA71259
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.5% yield at 3620 Highway 135, Mangham, LA, 71259 in Mangham is solid, but the $2,918/mo payment compresses net cash flow to $38/mo at $649,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $179,307 by year five, and $5,977/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.39) without U.S. income documentation. Total projected return: $248,587.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 8.0% |
| Monthly Cash Flow | $38 | $900 |
City averages based on Mangham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,058 |
| Total Monthly Debt Service | $3,762 |
| DSCR Ratio | 1.08x |
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 1995
11.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71259, Mangham, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 790 (100%) |
| Owner Occupied HU | 537 (68.0%) |
| Renter Occupied HU | 143 (18.1%) |
| Vacant Housing Units | 110 (13.9%) |
| Median Home Value | $150,812 |
| Average Home Value | $191,485 |
Housing Distribution
Address Breakdown
Residential
717
Single Family
717
Multi-Family
0
Businesses
69
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 1995
11.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71259, Mangham, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 790 (100%) |
| Owner Occupied HU | 537 (68.0%) |
| Renter Occupied HU | 143 (18.1%) |
| Vacant Housing Units | 110 (13.9%) |
| Median Home Value | $150,812 |
| Average Home Value | $191,485 |
Housing Distribution
Address Breakdown
Residential
717
Single Family
717
Multi-Family
0
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices