1010 Glenmar AveMonroeLA71201
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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 Monroe at 1010 Glenmar Ave, Monroe, LA, 71201 offers a 13.42% rental yield on a $229,900 purchase with $2,572/mo rent. Total monthly income registers $2,572/mo, and a $1,125/mo payment leaves $1,148/mo available for distribution. Annual cash flow reaches $13,778/yr on $76,212 to close, and return on cash invested stands at 37.99% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 199.84% and total cumulative return in cash at $152,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,572/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71201, Monroe, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,933 (100%) |
| Owner Occupied HU | 4,926 (45.1%) |
| Renter Occupied HU | 4,945 (45.2%) |
| Vacant Housing Units | 1,062 ( 9.7%) |
| Median Home Value | $286,209 |
| Average Home Value | $317,841 |
Housing Distribution
Address Breakdown
Residential
10,316
Single Family
8,607
Multi-Family
1,709
Businesses
2,141
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