112 Ronald DrMontereyLA71354
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 112 Ronald Dr, Monterey, LA, 71354 in Monterey: $1,900/mo in rent, $661/mo net, 11.4% gross yield, all on a $200,000 acquisition. The 2.11 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $55,256 in value, and $1,842/yr in principal paydown steadily builds equity. Projected total cumulative return: $118,391.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 5.5% |
| Monthly Cash Flow | $661 | $400 |
City averages based on Monterey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,900 |
| Total Monthly Debt Service | $1,159 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71354, Monterey, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 892 (100%) |
| Owner Occupied HU | 498 (55.8%) |
| Renter Occupied HU | 70 ( 7.8%) |
| Vacant Housing Units | 324 (36.3%) |
| Median Home Value | $166,923 |
| Average Home Value | $193,002 |
Housing Distribution
Address Breakdown
Residential
611
Single Family
611
Multi-Family
0
Businesses
34
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
Single Family
Built in 2006
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71354, Monterey, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 892 (100%) |
| Owner Occupied HU | 498 (55.8%) |
| Renter Occupied HU | 70 ( 7.8%) |
| Vacant Housing Units | 324 (36.3%) |
| Median Home Value | $166,923 |
| Average Home Value | $193,002 |
Housing Distribution
Address Breakdown
Residential
611
Single Family
611
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices