11245 Ridgehaven DrKeithvilleLA71047
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $139,900, 11245 Ridgehaven Dr, Keithville, LA, 71047 in Keithville generates $1,080/mo in rent (9.26% yield) but nets only $198/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.72) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $38,652. Total projected return: $66,172.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.8% |
| Monthly Cash Flow | $198 | $300 |
City averages based on Keithville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,080 |
| Total Monthly Debt Service | $821 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1999
2.16 Acres lot
$N/A/sqft
$125 annually 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
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
Manufactured
Built in 1999
2.16 Acres lot
$N/A/sqft
$125 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jackie Vaughn • Century 21 Elite
Mls Name: NTREIS
Mls ID: #20719252
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.