119 Lacrosse CirWest MonroeLA71291
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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
Investment Highlights
Investment property for sale in West Monroe at 119 Lacrosse Cir, West Monroe, LA, 71291 listed at $290,000 pairs $2,054/mo rent with a $1,419/mo payment to leave $258/mo cash flow. Total monthly income runs $2,054/mo, and annual cash flow reaches $3,096/yr on $96,135 cash to close. Return on cash invested measures 23.13% in year one, and rental yield registers 8.5% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 120.1% and total cumulative return in cash totals $115,456. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,054/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A 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
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Listed by: Michele Evans • Keller Williams Parishwide Partners
Mls Name: NELAR
Mls ID: #216800