42 Wingate DrManyLA71449
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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
Rental property for sale in Many at 42 Wingate Dr, Many, LA, 71449 offers $2,509/mo rent that, after a $3,304/mo payment. Total monthly income is $2,509/mo. Return on cash invested measures 11.02% in year one, and rental yield stands at 4.46% at a $675,000 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,490 by year five. Five-year ROI records 55.17% and total cumulative return in cash reaches $122,523. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,509/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71449, Many, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,004 (100%) |
| Owner Occupied HU | 3,040 (50.6%) |
| Renter Occupied HU | 913 (15.2%) |
| Vacant Housing Units | 2,051 (34.2%) |
| Median Home Value | $200,730 |
| Average Home Value | $242,137 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,199
Multi-Family
80
Businesses
518
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