98 Cardinal LnMandevilleLA70471
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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 Mandeville at 98 Cardinal Ln, Mandeville, LA, 70471 at $1,850,000 posts ROI 2.91% with from $2,880/mo rent. Total monthly income equals $2,880/mo. Return on cash invested measures 2.91% and rental yield reads 1.87% at the current $1,850,000. Equity gained on principal adds $11,938/yr, and 5% annual appreciation supports $511,121 by year five. Five-year ROI prints 11.67% and total cumulative return in cash totals $69,973. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,880/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
1 Acres lot
$N/A/sqft
$1,716 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70471, Mandeville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 6,832 (66.8%) |
| Renter Occupied HU | 2,630 (25.7%) |
| Vacant Housing Units | 767 ( 7.5%) |
| Median Home Value | $428,132 |
| Average Home Value | $457,705 |
Housing Distribution
Address Breakdown
Residential
9,580
Single Family
8,033
Multi-Family
1,547
Businesses
1,323
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Listed by: Amanda Colceriu-Dandu • Fine Southern Properties, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2494639
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.