118 Hunter RdRagleyLA70657
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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 Ragley at 118 Hunter Rd, Ragley, LA, 70657 earns from $1,075/mo rent with a $874/mo payment. Total monthly income totals $1,075/mo. ROI tracks 19.28% on current figures, and rental yield reads 7.23% at a $178,500 purchase. Equity gained on principal adds $1,152/yr, and 5% annual appreciation supports $49,316 over five years. Five-year ROI reaches 99.49% and total cumulative return in cash sums $58,874. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,075/mo property income instead of your personal income.
Manufactured
Built in 2022
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70657, Ragley, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,359 (100%) |
| Owner Occupied HU | 1,817 (77.0%) |
| Renter Occupied HU | 198 ( 8.4%) |
| Vacant Housing Units | 344 (14.6%) |
| Median Home Value | $215,773 |
| Average Home Value | $296,355 |
Housing Distribution
Address Breakdown
Residential
2,261
Single Family
2,261
Multi-Family
0
Businesses
34
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Listed by: Lydia Holland • RE/MAX ONE
Mls Name: Greater Southern MLS
Mls ID: #SWL25002080
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.