404 Ramsey DrSterlingtonLA71280
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Sterlington rental at 404 Ramsey Dr, Sterlington, LA, 71280 sits in the solid-income band: 11.03% gross yield, $1,286/mo rent, $419/mo net after the $630/mo debt service, DSCR 2.04. Entry price of $140,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $38,679 and $1,289/yr in principal reduction bring total cumulative return to $80,016.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 9.0% |
| Monthly Cash Flow | $419 | $450 |
City averages based on Sterlington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,286 |
| Total Monthly Debt Service | $812 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1998
10,018 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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
Multi Family
Built in 1998
10,018 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Meleah Jones • Keller Williams Parishwide Partners
Mls Name: NELAR
Mls ID: #215548