201 Jones DrMonroeLA71202
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
Rental property for sale in Monroe at 201 Jones Dr, Monroe, LA, 71202 priced at $109,000 pairs $876/mo rent with $200/mo cash flow after a $534/mo payment. Total monthly income equals $876/mo, and annual cash flow comes to $2,404/yr on $36,134 invested. Return on cash invested is 26.56% in year one, and rental yield stands at 9.64% on a $109,000 basis. Equity gained on principal adds $703/yr, and 5% annual appreciation accumulates to $30,115 by year five. Five-year ROI measures 138.61% and total cumulative return in cash reaches $50,086. For financing, Ziffy Mortgage’s DSCR program evaluates $876/mo property income against a $534/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71202, Monroe, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,760 (100%) |
| Owner Occupied HU | 4,216 (39.2%) |
| Renter Occupied HU | 4,942 (45.9%) |
| Vacant Housing Units | 1,602 (14.9%) |
| Median Home Value | $88,281 |
| Average Home Value | $141,317 |
Housing Distribution
Address Breakdown
Residential
9,926
Single Family
9,185
Multi-Family
741
Businesses
547
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices