696 Red Cut Hill 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
Investment property for sale in Leesville at 696 Red Cut Hill Rd, Leesville, LA, 71446 with 5% annual appreciation on a $120,000 basis while $1,104/mo rent supports operations. Total monthly income totals $1,104/mo and a $587/mo payment preserves $361/mo for cash returns. Annual cash flow comes to $4,332/yr on $39,780 deployed, and return on cash invested reaches 30.8% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 11.04%. Five-year ROI measures 161.25% and total cumulative return in cash totals $64,147.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,104/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2020
2 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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