57035 McManus RdSlidellLA70461
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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 Slidell at 57035 McManus Rd, Slidell, LA, 70461 earns $209/mo cash flow from $990/mo rent with a $617/mo payment. Total monthly income totals $990/mo, and annual cash flow totals $2,510/yr on $41,769 capital. ROI tracks 25.92% on current figures, and rental yield reads 9.43% at a $126,000 purchase. Equity gained on principal adds $813/yr, and 5% annual appreciation supports $34,811 over five years. Five-year ROI reaches 135.22% and total cumulative return in cash sums $56,479. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $990/mo property income instead of your personal income.
Single Family
Built in 2023
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70461, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,007 (100%) |
| Owner Occupied HU | 9,970 (71.2%) |
| Renter Occupied HU | 2,897 (20.7%) |
| Vacant Housing Units | 1,140 ( 8.1%) |
| Median Home Value | $277,803 |
| Average Home Value | $314,708 |
Housing Distribution
Address Breakdown
Residential
13,478
Single Family
12,464
Multi-Family
1,014
Businesses
579
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Listed by: Gayle Fournet • LATTER & BLUM (LATT14)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2441671
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