350 Day 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 350 Day Rd, Ragley, LA, 70657 uses $76,245 cash to close to unlock $8,436/yr annual cash flow and $703/mo monthly cash flow. Total monthly income runs $2,128/mo, and a $1,126/mo payment keeps the spread at $703/mo. Purchase price stands at $230,000, and rental yield measures 11.1% with $2,128/mo rent. Return on cash invested shows 30.97% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 162.16% and total cumulative return in cash records $123,643. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,128/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 2010
0.99 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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