5410 Highway 22 APT CMandevilleLA70471
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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 5410 Highway 22 APT C, Mandeville, LA, 70471 earns $31/mo cash flow from $1,141/mo rent with a $727/mo payment. Total monthly income totals $1,141/mo, and annual cash flow totals $371/yr on $49,228 capital. ROI tracks 20.66% on current figures, and rental yield reads 9.22% at a $148,500 purchase. Equity gained on principal adds $958/yr, and 5% annual appreciation supports $41,028 over five years. Five-year ROI reaches 108.55% and total cumulative return in cash sums $53,439. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,141/mo property income instead of your personal income.
Condo
Built in 1986
1 Acres 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: Edgardo Zeron • Realty One Group Immobilia
Mls Name: GSREIN
Mls Provider:
Mls ID: #2496205
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.