111 Pineway DrWest MonroeLA71291
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 West Monroe at 111 Pineway Dr, West Monroe, LA, 71291 with 5% annual appreciation on a $195,000 basis while $1,624/mo rent supports operations. Total monthly income totals $1,624/mo and a $954/mo payment preserves $417/mo for cash returns. Annual cash flow comes to $4,998/yr on $64,643 deployed, and return on cash invested reaches 27.64% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 9.99%. Five-year ROI measures 144.37% and total cumulative return in cash totals $93,322.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,624/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.49 Acres 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 |
Housing Distribution
Address Breakdown
Residential
15,628
Single Family
13,585
Multi-Family
2,043
Businesses
1,389
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pam Finley • Cypress State Realty
Mls Name: NELAR
Mls Provider:
Mls ID: #214743
Disclaimer: Copyright 2025 NELAR. All rights reserved. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable, yet users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither NELAR nor NELAR MLS makes any representation, guarantees, or information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site. The information being provided is for the consumer's personal, non-commercial use, end may not be used for any purpose other than to identify prospective properties, which consumers may be interested in purchasing. The user of this site is granted permission to copy a reasonable and limited number of copies to be used in satisfying the purposes identified in the preceding sentence. By using this site, the consumer signifies their agreement with and acceptance of these terms and conditions. If you do not accept this policy; please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notices of such changes.