1126 Fern St, West Monroe, LA, 71292 | 4.37% 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 1126 Fern St, West Monroe, LA, 71292 generates $874/mo in rent, after a $1,175/mo payment. Total monthly income is $874/mo. Return on cash invested sits at 10.66% in year one, and rental yield is 4.37% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 53.26% and total cumulative return in cash sums $42,374. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $874/mo property income rather than buyer’s personal income.

Multi Family

Built in 1987

0.66 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71292, West Monroe, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,145 (100%)
Owner Occupied HU	6,053 (59.7%)
Renter Occupied HU	2,771 (27.3%)
Vacant Housing Units	1,321 (13.0%)
Median Home Value	$184,957
Average Home Value	$200,153