75 River Ridge RdManyLA71449
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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 75 River Ridge Rd, Many, LA, 71449 generates $2,950/mo in rent, after a $2,986/mo payment. Total monthly income is $2,950/mo. Return on cash invested sits at 15.1% in year one, and rental yield is 5.8% on a $610,000 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation builds toward $168,532 over five years. Five-year ROI reaches 77.04% and total cumulative return in cash sums $154,603. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,950/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
1.15 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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