7037 Martin Luther King DrMansuraLA71350
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Mansura rental at 7037 Martin Luther King Dr, Mansura, LA, 71350 sits in the solid-income band: 9.63% gross yield, $1,043/mo rent, $238/mo net after the $585/mo debt service, DSCR 1.78. Entry price of $130,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $35,917 and $1,197/yr in principal reduction bring total cumulative return to $64,565.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 9.0% |
| Monthly Cash Flow | $238 | $450 |
City averages based on Mansura market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,043 |
| Total Monthly Debt Service | $754 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2012
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71350, Mansura, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,276 (100%) |
| Owner Occupied HU | 1,298 (57.0%) |
| Renter Occupied HU | 557 (24.5%) |
| Vacant Housing Units | 421 (18.5%) |
| Median Home Value | $159,412 |
| Average Home Value | $174,180 |
Housing Distribution
Address Breakdown
Residential
1,520
Single Family
1,424
Multi-Family
96
Businesses
161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2012
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71350, Mansura, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,276 (100%) |
| Owner Occupied HU | 1,298 (57.0%) |
| Renter Occupied HU | 557 (24.5%) |
| Vacant Housing Units | 421 (18.5%) |
| Median Home Value | $159,412 |
| Average Home Value | $174,180 |
Housing Distribution
Address Breakdown
Residential
1,520
Single Family
1,424
Multi-Family
96
Businesses
161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Gaspard • ROCH MICHAEL, INC.
Mls Name: GCLRA
Mls Provider:
Mls ID: #2429893
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.