2162 Ryals Rd, Converse, LA, 71419 | 6.12% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Converse at 2162 Ryals Rd, Converse, LA, 71419 offers a 6.12% rental yield on a $360,000 purchase with $1,837/mo rent. 96% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 81.65% and total cumulative return in cash at $97,437. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,837/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1970

13.50 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71419, Converse, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,082 (100%)
Owner Occupied HU	688 (63.6%)
Renter Occupied HU	138 (12.8%)
Vacant Housing Units	256 (23.7%)
Median Home Value	$114,412
Average Home Value	$195,799