1018 Ridge Ave, West Monroe, LA, 71291 | 6.7% Rental Yield

For Sale

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

Rental property for sale in West Monroe at 1018 Ridge Ave, West Monroe, LA, 71291 generates $1,116/mo in rent, after a $978/mo payment. Total monthly income is $1,116/mo. Return on cash invested sits at 17.7% in year one, and rental yield is 6.7% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 91.07% and total cumulative return in cash sums $60,349. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,116/mo property income rather than buyer’s personal income.

Townhouse

Built in 1985

3,049 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71291, West Monroe, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,997 (100%)
Owner Occupied HU	9,197 (57.5%)
Renter Occupied HU	5,213 (32.6%)
Vacant Housing Units	1,587 ( 9.9%)
Median Home Value	$233,021
Average Home Value	$255,299