84 Cortez DrManyLA71449
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
Investment Highlights
Rental property for sale in Many at 84 Cortez Dr, Many, LA, 71449 offers $1,235/mo rent that, after a $891/mo payment, leaves $107/mo cash flow. Total monthly income is $1,235/mo, and annual cash flow is $1,289/yr on $60,333 cash. Return on cash invested measures 22.05% in year one, and rental yield stands at 8.14% at a $182,000 entry. Equity gained on principal adds $1,174/yr while 5% annual appreciation compounds into $50,283 by year five. Five-year ROI records 114.34% and total cumulative return in cash reaches $68,985. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,235/mo property income versus a $891/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.28 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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