7715 Ridgeline DrDenham SpringsLA70706
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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 Denham Springs at 7715 Ridgeline Dr, Denham Springs, LA, 70706 offers $1,800/mo rent that, after a $1,189/mo payment, leaves $274/mo cash flow. Total monthly income is $1,800/mo, and annual cash flow is $3,283/yr on $80,521 cash. Return on cash invested measures 23.99% in year one, and rental yield stands at 8.89% at a $242,900 entry. Equity gained on principal adds $1,567/yr while 5% annual appreciation compounds into $67,109 by year five. Five-year ROI records 124.86% and total cumulative return in cash reaches $100,537. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,800/mo property income versus a $1,189/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
6,098 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70706, Denham Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 7,741 (84.0%) |
| Renter Occupied HU | 1,034 (11.2%) |
| Vacant Housing Units | 441 ( 4.8%) |
| Median Home Value | $258,902 |
| Average Home Value | $300,879 |
Housing Distribution
Address Breakdown
Residential
8,967
Single Family
8,926
Multi-Family
41
Businesses
200
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Listed by: Suzanne Lancaster • Southerly Real Estate
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025008056
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. Copyright 2025 ROAM MLS.