590 Hickory Ridge RdLeesvilleLA71446
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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 Leesville at 590 Hickory Ridge Rd, Leesville, LA, 71446 priced at $360,000 converts $2,033/mo rent into after a $1,762/mo obligation. Total monthly income equals $2,033/mo. Return on cash invested prints 16.88% in year one, and rental yield reads 6.78% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 86.99% and total cumulative return in cash sums $103,809. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,033/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 2015
43,560 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71446, Leesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,611 (100%) |
| Owner Occupied HU | 6,133 (52.8%) |
| Renter Occupied HU | 3,531 (30.4%) |
| Vacant Housing Units | 1,947 (16.8%) |
| Median Home Value | $171,108 |
| Average Home Value | $196,862 |
Housing Distribution
Address Breakdown
Residential
10,377
Single Family
9,748
Multi-Family
629
Businesses
795
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Nearby investment properties with comparable prices
Listed by: Ranelle Sarver Birmingham • Era Sarver Real Estate
Mls Name: Greater Fort Polk Area Realtors
Mls Provider:
Mls ID: #18-6635
Disclaimer: Copyright Greater Fort Polk Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.