117 Topic St, Monroe, LA, 71203 | $229/mo Cash Flow

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

Investment property for sale in Monroe at 117 Topic St, Monroe, LA, 71203 uses $86,190 cash to close to unlock $2,748/yr annual cash flow and $229/mo monthly cash flow. Total monthly income runs $1,840/mo, and a $1,273/mo payment keeps the spread at $229/mo. Purchase price stands at $260,000, and rental yield measures 8.49% with $1,840/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 119.92% and total cumulative return in cash records $103,361. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,840/mo property income covering a $1,273/mo payment rather than investor’s personal income.

Single Family

Built in 1987

1.94 Acres lot

$N/A/sqft

No HOA