1408 Jackson Gimnick LoopRagleyLA70657
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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 1408 Jackson Gimnick Loop, Ragley, LA, 70657 offers a 4.54% rental yield on a $270,000 purchase with $1,022/mo rent. 18% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 56.04% and total cumulative return in cash at $50,161. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,022/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2013
10.12 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: Bayleigh Rigdon • EXIT Bayou Realty
Mls Name: Greater Southern MLS
Mls ID: #SWL25002975
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.