8868 Springridge DrKeithvilleLA71047
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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 Keithville at 8868 Springridge Dr, Keithville, LA, 71047 listed at $365,000 pairs $2,160/mo rent with a $1,786/mo payment. Total monthly income runs $2,160/mo. Return on cash invested measures 18.91% in year one, and rental yield registers 7.1% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 97.53% and total cumulative return in cash totals $118,003. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
6.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71047, Keithville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,721 (100%) |
| Owner Occupied HU | 3,567 (75.6%) |
| Renter Occupied HU | 648 (13.7%) |
| Vacant Housing Units | 506 (10.7%) |
| Median Home Value | $213,714 |
| Average Home Value | $230,569 |
Housing Distribution
Address Breakdown
Residential
4,713
Single Family
4,679
Multi-Family
34
Businesses
167
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Listed by: Robin Ramsey • Spartan Realty
Mls Name: NTREIS
Mls ID: #21088805