164 Landry 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
Rental property for sale in Ragley at 164 Landry Dr, Ragley, LA, 70657 priced at $350,000 converts $1,753/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,753/mo. Return on cash invested prints 15.36% in year one, and rental yield reads 6.01% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 78.58% and total cumulative return in cash sums $91,178. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,753/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2012
0.82 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: Jo Ann Fisette • CENTURY 21 Bessette Flavin
Mls Name: SWLAR
Mls ID: #SWL25100414
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.