383 Water Plant RdMansfieldLA71052
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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 Mansfield at 383 Water Plant Rd, Mansfield, LA, 71052 at $175,000 posts ROI 24.43% with $219/mo cash flow from $1,303/mo rent. Total monthly income equals $1,303/mo, and annual cash flow records $2,622/yr on $58,013 to close. Return on cash invested measures 24.43% and rental yield reads 8.93% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 127.14% and total cumulative return in cash totals $73,759.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,303/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2003
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71052, Mansfield, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,652 (100%) |
| Owner Occupied HU | 2,428 (52.2%) |
| Renter Occupied HU | 1,427 (30.7%) |
| Vacant Housing Units | 797 (17.1%) |
| Median Home Value | $106,305 |
| Average Home Value | $152,389 |
Housing Distribution
Address Breakdown
Residential
4,147
Single Family
4,043
Multi-Family
104
Businesses
448
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Listed by: Sonya Stutts • T & T Realty LLC
Mls Name: NTREIS
Mls ID: #20786968
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.