158 Ernest DrRagleyLA70657
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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 158 Ernest Dr, Ragley, LA, 70657 with 5% annual appreciation on a $165,900 basis while $1,463/mo rent supports operations. Total monthly income totals $1,463/mo and a $812/mo payment preserves $435/mo for cash returns. Annual cash flow comes to $5,224/yr on $54,996 deployed, and return on cash invested reaches 29.41% in year one. Equity gained on principal adds $1,071/yr, and five-year appreciation sums $45,835 alongside rental yield of 10.58%. Five-year ROI measures 153.84% and total cumulative return in cash totals $84,606.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,463/mo property income versus a $812/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
1.20 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: Todd Maricle • Farm2City Real Estate
Mls Name: Greater Southern MLS
Mls ID: #XGS25001354
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.