119 T John RdWest 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 119 T John Rd, West Monroe, LA, 71291 with 5% annual appreciation on a $539,900 basis while $5,882/mo rent supports operations. Total monthly income totals $5,882/mo and a $2,643/mo payment preserves $2,537/mo for cash returns. Annual cash flow comes to $30,446/yr on $177,627 deployed, and return on cash invested reaches 37.2% in year one. Equity gained on principal adds $3,484/yr, and five-year appreciation sums $149,164 alongside rental yield of 13.07%. Five-year ROI measures 195.56% and total cumulative return in cash totals $347,371.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,882/mo property income versus a $2,643/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
0.94 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: Shane Wooten • Keller Williams Parishwide Partners
Mls Name: NELAR
Mls ID: #215729