118 Blacksmith RdRinggoldLA71068
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 118 Blacksmith Rd, Ringgold, LA, 71068 in Ringgold is capital appreciation. Rental yield 0%. The 0% gross yield at $224,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $62,136 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $400 |
City averages based on Ringgold market data in our database. Property projections are estimates.
Single Family
Built in 1953
2 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1953
2 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Mike Powell • 318 Real Estate L.L.C.
Mls Name: NTREIS
Mls ID: #20949464
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