761 Petty 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
Investment property for sale in Many at 761 Petty Rd, Many, LA, 71449 uses $98,787 cash to close to unlock $3,103/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $2,105/mo, and a $1,459/mo payment keeps the spread at $259/mo. Purchase price stands at $298,000, and rental yield measures 8.48% with $2,105/mo rent. Return on cash invested shows 23.05% in year one, and 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 119.72% and total cumulative return in cash records $118,268. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,105/mo property income covering a $1,459/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5.85 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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