1009 Woodlake Ridge RdBentonLA71006
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 Benton at 1009 Woodlake Ridge Rd, Benton, LA, 71006 generates $3,000/mo in rent, after a $3,132/mo payment. Total monthly income is $3,000/mo. Return on cash invested sits at 13.58% in year one, and rental yield is 5.63% on a $639,900 entry. Equity gained on principal adds $4,129/yr, while 5% annual appreciation builds toward $176,793 over five years. Five-year ROI reaches 69.23% and total cumulative return in cash sums $145,739. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
0.75 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71006, Benton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,370 (100%) |
| Owner Occupied HU | 5,167 (81.1%) |
| Renter Occupied HU | 638 (10.0%) |
| Vacant Housing Units | 565 ( 8.9%) |
| Median Home Value | $362,575 |
| Average Home Value | $394,324 |
Housing Distribution
Address Breakdown
Residential
6,115
Single Family
6,115
Multi-Family
0
Businesses
414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Lytle • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #20883962
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.