$149,000

601 S BONNER STREET, Ruston, LA 71270

  • 3 beds |
  • 2 baths |
  • 1,419 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $105/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

Investor-ready 3-bedroom, 2-bath home on a corner lot near Downtown Ruston and Louisiana Tech. Features include hardwood floors, spacious living and dining areas, and a classic layout. Currently leased at $1,100/month through July 2026, offering consistent income. At the $149,000 list price, this property delivers an estimated 8.4% cap rate based on a 20% expense ratio. There's also room for future rent increases to further improve returns. 24-hour notice required for all showings due to tenant occupancy.

Listing Status:
Active
Date Added:
August 4, 2025 at 05:00AM
Listing Office:
Lincoln Realty :
Listing Agent:
Justin Bryant : 318-957-9469
MLS ID:
215828
  • General: Ceiling Fan(s)
  • Appliances: Electric CooktopElectric RangeGas Water Heater
  • A/C: Central AirElectric
  • Heating: Natural GasCentral
  • Fireplace: Fireplaces: 0

This listing courtesy of Justin Bryant, Lincoln Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Ruston Elementary School

200 N Bernard St, Ruston, LA, 71270

Grades 3-5

0.98 miles away

R

Ruston Junior High School

481 Tarbutton Rd, Ruston, LA, 71270

Grades 7-8

2.63 miles away

R

Ruston High School

900 Bearcat Dr, Ruston, LA, 71270

Grades 9-12

1.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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