550 Gaytine 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
Rental property for sale in Ragley at 550 Gaytine Rd, Ragley, LA, 70657 priced at $239,000 converts $1,394/mo rent into after a $1,170/mo obligation. Total monthly income equals $1,394/mo. Return on cash invested prints 18.6% in year one, and rental yield reads 7% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 95.86% and total cumulative return in cash sums $75,948. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,394/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1994
10 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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