118 Hidden Ridge DrWoodworthLA71485
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.9% gross rental yield, 118 Hidden Ridge Dr, Woodworth, LA, 71485 in Woodworth is priced for capital growth, not immediate cash flow. The $595,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $164,388 by year five, with $5,480/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.54) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $76,666.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.9% | 6.2% |
| Monthly Cash Flow | $(2,321) | $850 |
City averages based on Woodworth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $3,524 |
| DSCR Ratio | 0.41x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1994
2.56 Acres lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71485, Woodworth, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 767 (75.3%) |
| Renter Occupied HU | 176 (17.3%) |
| Vacant Housing Units | 76 ( 7.5%) |
| Median Home Value | $303,547 |
| Average Home Value | $300,385 |
Housing Distribution
Address Breakdown
Residential
974
Single Family
960
Multi-Family
14
Businesses
60
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
Single Family
Built in 1994
2.56 Acres lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71485, Woodworth, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 767 (75.3%) |
| Renter Occupied HU | 176 (17.3%) |
| Vacant Housing Units | 76 ( 7.5%) |
| Median Home Value | $303,547 |
| Average Home Value | $300,385 |
Housing Distribution
Address Breakdown
Residential
974
Single Family
960
Multi-Family
14
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: PHYLLIS BUSSEY • LATTER AND BLUM Central Realty LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2445950
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.