2020 Pargoud Blvd, Monroe, LA, 71201 | 5.62% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Monroe at 2020 Pargoud Blvd, Monroe, LA, 71201 offers a 5.62% rental yield on a $634,900 purchase with $2,975/mo rent. 55% in year one. Equity gained on principal adds $4,097/yr while 5% annual appreciation supports $175,411 over five years. Portfolio math shows five-year ROI at 74.1% and total cumulative return in cash at $154,789. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,975/mo property income against a $3,108/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2007

0.26 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71201, Monroe, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,933 (100%)
Owner Occupied HU	4,926 (45.1%)
Renter Occupied HU	4,945 (45.2%)
Vacant Housing Units	1,062 ( 9.7%)
Median Home Value	$286,209
Average Home Value	$317,841