202 Holly Ridge Dr,Monroe,LA,71203

Investment Highlights

Rental property for sale in Monroe at 202 Holly Ridge Dr, Monroe, LA, 71203 priced at $144,000 pairs $1,345/mo rent with $453/mo cash flow after a $705/mo payment. Total monthly income equals $1,345/mo, and annual cash flow comes to $5,434/yr on $47,736 invested. Return on cash invested is 31.29% in year one, and rental yield stands at 11.21% on a $144,000 basis. Equity gained on principal adds $929/yr, and 5% annual appreciation accumulates to $39,785 by year five. Five-year ROI measures 163.89% and total cumulative return in cash reaches $78,234. For financing, Ziffy Mortgage’s DSCR program evaluates $1,345/mo property income against a $705/mo payment instead of your W2s, 1099s, or Tax returns.