565 Midlake LnManyLA71449
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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 565 Midlake Ln, Many, LA, 71449 priced at $289,000 converts $913/mo rent into after a $1,415/mo obligation. Total monthly income equals $913/mo. Return on cash invested prints 8.92% in year one, and rental yield reads 3.79% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 43.93% and total cumulative return in cash sums $42,086. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $913/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Manufactured
Built in 2021
0.52 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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