768 Wilkinson StMandevilleLA70448
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 768 Wilkinson St, Mandeville, LA, 70448 in Mandeville speaks for itself: 11.61% gross on a $289,500 price, generating $2,194/mo in rent and $692/mo in net income after the $1,302/mo debt service. DSCR 1.69, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,304 stacks alongside $79,984 in projected five-year appreciation and $2,666/yr in principal reduction. Projected total cumulative return: $117,576.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 5.0% |
| Monthly Cash Flow | $692 | $350 |
City averages based on Mandeville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,194 |
| Total Monthly Debt Service | $1,978 |
| DSCR Ratio | 1.11x |
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 1997
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70448, Mandeville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,854 (100%) |
| Owner Occupied HU | 8,376 (77.2%) |
| Renter Occupied HU | 1,932 (17.8%) |
| Vacant Housing Units | 546 ( 5.0%) |
| Median Home Value | $356,427 |
| Average Home Value | $392,692 |
Housing Distribution
Address Breakdown
Residential
10,367
Single Family
9,792
Multi-Family
575
Businesses
782
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 1997
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70448, Mandeville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,854 (100%) |
| Owner Occupied HU | 8,376 (77.2%) |
| Renter Occupied HU | 1,932 (17.8%) |
| Vacant Housing Units | 546 ( 5.0%) |
| Median Home Value | $356,427 |
| Average Home Value | $392,692 |
Housing Distribution
Address Breakdown
Residential
10,367
Single Family
9,792
Multi-Family
575
Businesses
782
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vincent Liuzza • Berkshire Hathaway HomeServices Preferred, REALTOR
Mls Name: GSREIN
Mls Provider:
Mls ID: #2502729
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.