1023 Ragan RdBreaux BridgeLA70517
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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
Rental property for sale in Breaux Bridge at 1023 Ragan Rd, Breaux Bridge, LA, 70517 generates $1,022/mo in rent and, after a $636/mo payment, leaves $217/mo in cash flow. Total monthly income is $1,022/mo, and annual cash flow is $2,604/yr on $43,095 invested. Return on cash invested sits at 25.95% in year one, and rental yield is 9.43% on a $129,999 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,916 over five years. Five-year ROI reaches 135.25% and total cumulative return in cash sums $58,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,022/mo property income rather than buyer’s personal income.
Manufactured
Built in 2004
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70517, Breaux Bridge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,572 (100%) |
| Owner Occupied HU | 8,551 (68.0%) |
| Renter Occupied HU | 2,261 (18.0%) |
| Vacant Housing Units | 1,760 (14.0%) |
| Median Home Value | $176,463 |
| Average Home Value | $203,005 |
Housing Distribution
Address Breakdown
Residential
11,030
Single Family
10,811
Multi-Family
219
Businesses
704
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Listed by: Drew Clark • HUNCO Real Estate
Mls Name: RAA
Mls ID: #2500004622