1 Hermitage Trce #16, Monroe, LA, 71203 | 6.07% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1848 sft

Trillium IV A Plan, Victory Park, Monroe, LA, 71203

4 Bed
3 Bath
2355 sft

1566 Frenchmans Bend Rd, Monroe, LA, 71203

4 Bed
3 Bath
3056 sft

1850 Post Oak Pl, Bastrop, LA, 71220

2 Bed
3 Bath
1948 sft

222 Sally Ln, Collinston, LA, 71229

Nearby investment properties with comparable prices

4 Bed
4 Bath
2688 sft

1166 Fragala St, Rayville, LA, 71269

4 Bed
3 Bath
2891 sft

2916 W Deborah Dr, Monroe, LA, 71201

4 Bed
3 Bath
3071 sft

1415 Frenchmans Bend Rd, Monroe, LA, 71203

5 Bed
4 Bath
3435 sft

115 Saint Andrews Rd, Calhoun, LA, 71225

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Monroe at 1 Hermitage Trce #16, Monroe, LA, 71203 offers $2,880/mo rent that, after a $2,787/mo payment. Total monthly income is $2,880/mo. Return on cash invested measures 15.91% in year one, and rental yield stands at 6.07% at a $569,500 entry. Equity gained on principal adds $3,675/yr while 5% annual appreciation compounds into $157,342 by year five. Five-year ROI records 81.4% and total cumulative return in cash reaches $152,508. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,880/mo property income versus a $2,787/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1999

0.37 Acres lot

$N/A/sqft

No HOA