405 Bon Temps RouleMandevilleLA70471
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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 405 Bon Temps Roule, Mandeville, LA, 70471 with 5% annual appreciation on a $234,000 basis while $1,659/mo rent supports operations. Total monthly income totals $1,659/mo and a $1,145/mo payment preserves $210/mo for cash returns. Annual cash flow comes to $2,518/yr on $77,571 deployed, and return on cash invested reaches 23.15% in year one. Equity gained on principal adds $1,510/yr, and five-year appreciation sums $64,650 alongside rental yield of 8.51%. Five-year ROI measures 120.25% and total cumulative return in cash totals $93,279.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,659/mo property income versus a $1,145/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
6,499 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
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Listed by: David Gerhardt • CBTEC BEAU CHENE
Mls Name: GSREIN
Mls Provider:
Mls ID: #2497034
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.