1761 Newt Hodges 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 1761 Newt Hodges Rd, Ragley, LA, 70657 earns $884/mo cash flow from $2,495/mo rent with a $1,273/mo payment. Total monthly income totals $2,495/mo, and annual cash flow totals $10,608/yr on $86,190 capital. ROI tracks 32.22% on current figures, and rental yield reads 11.52% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 168.83% and total cumulative return in cash sums $145,517. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,495/mo property income instead of your personal income.
Single Family
Built in 1985
8.79 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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