2741 Mill StRinggoldLA71068
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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 Ringgold at 2741 Mill St, Ringgold, LA, 71068 offers a 9.59% rental yield on a $129,177 purchase with $1,032/mo rent. Total monthly income registers $1,032/mo, and a $632/mo payment leaves $232/mo available for distribution. Annual cash flow reaches $2,785/yr on $42,822 to close, and return on cash invested stands at 26.41% in year one. Equity gained on principal adds $834/yr while 5% annual appreciation supports $35,689 over five years. Portfolio math shows five-year ROI at 137.84% and total cumulative return in cash at $59,024. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,032/mo property income against a $632/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.68 Acres lot
$N/A/sqft
No HOA
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Listed by: Joseph Fisher • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #21049007
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