1100 Cole Ave, Monroe, LA, 71203 | $297/mo Cash Flow

For Sale

Listed for sale 4 days ago

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 Monroe at 1100 Cole Ave, Monroe, LA, 71203 generates $1,363/mo in rent and, after a $842/mo payment, leaves $297/mo in cash flow. Total monthly income is $1,363/mo, and annual cash flow is $3,569/yr on $57,018 invested. Return on cash invested sits at 26.17% in year one, and rental yield is 9.51% on a $172,000 entry. Equity gained on principal adds $1,110/yr, while 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 136.46% and total cumulative return in cash sums $77,809. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,363/mo property income rather than buyer’s personal income.

Single Family

Built in N/A

0.26 Acres lot

$N/A/sqft

No HOA