8127 Ridgemont DrPinevilleLA71360
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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 Pineville at 8127 Ridgemont Dr, Pineville, LA, 71360 uses $60,830 cash to close to unlock $41/yr annual cash flow and $3/mo monthly cash flow. Total monthly income runs $1,140/mo, and a $898/mo payment keeps the spread at $3/mo. Purchase price stands at $183,500, and rental yield measures 7.46% with $1,140/mo rent. Return on cash invested shows 19.98% in year one, and 5% annual appreciation builds toward $50,698 over five years. Five-year ROI reaches 103.25% and total cumulative return in cash records $62,808. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $898/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71360, Pineville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,482 (100%) |
| Owner Occupied HU | 9,390 (60.7%) |
| Renter Occupied HU | 4,548 (29.4%) |
| Vacant Housing Units | 1,544 ( 10.0%) |
| Median Home Value | $226,141 |
| Average Home Value | $251,941 |
Housing Distribution
Address Breakdown
Residential
15,005
Single Family
13,872
Multi-Family
1,133
Businesses
862
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Listed by: SHAWN NUGENT • THE REALTY COMPANY OF LOUISIANA, LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2480456
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.