1006 Cole Ave, Monroe, LA, 71203 | $401/mo Cash Flow

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Monroe at 1006 Cole Ave, Monroe, LA, 71203 earns $401/mo cash flow from $1,516/mo rent with a $881/mo payment. Total monthly income totals $1,516/mo, and annual cash flow totals $4,812/yr on $59,670 capital. ROI tracks 27.97% on current figures, and rental yield reads 10.11% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 146.09% and total cumulative return in cash sums $87,173. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,516/mo property income instead of your personal income.

Single Family

Built in 1954

N/A lot

$N/A/sqft

No HOA