3865 Farmridge RdKeithvilleLA71047
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Nearby investment properties with comparable prices
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 Keithville at 3865 Farmridge Rd, Keithville, LA, 71047 priced at $287,000 pairs $1,991/mo rent with $213/mo cash flow after a $1,405/mo payment. Total monthly income equals $1,991/mo, and annual cash flow comes to $2,555/yr on $95,141 invested. Return on cash invested is 22.59% in year one, and rental yield stands at 8.32% on a $287,000 basis. Equity gained on principal adds $1,852/yr, and 5% annual appreciation accumulates to $79,293 by year five. Five-year ROI measures 117.25% and total cumulative return in cash reaches $111,550. For financing, Ziffy Mortgage’s DSCR program evaluates $1,991/mo property income against a $1,405/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71047, Keithville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,721 (100%) |
| Owner Occupied HU | 3,567 (75.6%) |
| Renter Occupied HU | 648 (13.7%) |
| Vacant Housing Units | 506 (10.7%) |
| Median Home Value | $213,714 |
| Average Home Value | $230,569 |
Housing Distribution
Address Breakdown
Residential
4,713
Single Family
4,679
Multi-Family
34
Businesses
167
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Listed by: Debbie Hutches • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #20889473
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.