2422 Ratcliff RdSicily IslandLA71368
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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 Sicily Island at 2422 Ratcliff Rd, Sicily Island, LA, 71368 offers $920/mo rent that, after a $661/mo payment, leaves $84/mo cash flow. Total monthly income is $920/mo, and annual cash flow is $1,002/yr on $44,753 cash. Return on cash invested measures 22.15% in year one, and rental yield stands at 8.18% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 114.93% and total cumulative return in cash reaches $51,433. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $920/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2012
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71368, Sicily Island, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 702 (100%) |
| Owner Occupied HU | 429 (61.1%) |
| Renter Occupied HU | 142 (20.2%) |
| Vacant Housing Units | 131 (18.7%) |
| Median Home Value | $137,702 |
| Average Home Value | $144,301 |
Housing Distribution
Address Breakdown
Residential
410
Single Family
410
Multi-Family
0
Businesses
48
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Listed by: Hunter Frey • Brown Realty Co. of Rayville, Inc.
Mls Name: My State MLS
Mls ID: #11469269