10714 Southern Ridge DrKeithvilleLA71047
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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 Keithville at 10714 Southern Ridge Dr, Keithville, LA, 71047 uses $49,725 cash to close to unlock $2,988/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $1,178/mo, and a $734/mo payment keeps the spread at $249/mo. Purchase price stands at $150,000, and rental yield measures 9.42% with $1,178/mo rent. Return on cash invested shows 25.92% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 135.06% and total cumulative return in cash records $67,158. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,178/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71047, Keithville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,721 (100%) |
| Owner Occupied HU | 3,567 (75.6%) |
| Renter Occupied HU | 648 (13.7%) |
| Vacant Housing Units | 506 (10.7%) |
| Median Home Value | $213,714 |
| Average Home Value | $230,569 |
Housing Distribution
Address Breakdown
Residential
4,713
Single Family
4,679
Multi-Family
34
Businesses
167
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Listed by: Stacey Simmons • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #20782885
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.