120 Donovan Cir,Monroe,LA,71203

Investment Highlights

Investment property for sale in Monroe at 120 Donovan Cir, Monroe, LA, 71203 offers a 9.07% rental yield on a $117,500 purchase with $888/mo rent. Total monthly income registers $888/mo, and a $575/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,923/yr on $38,951 to close, and return on cash invested stands at 24.85% in year one. Equity gained on principal adds $758/yr while 5% annual appreciation supports $32,463 over five years. Portfolio math shows five-year ROI at 129.43% and total cumulative return in cash at $50,414. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $888/mo property income against a $575/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.