204 Heard St, West Monroe, LA, 71292 | 3.98% Rental Yield

For Sale

Currently Rented

Rental Income

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

Total monthly income runs $1,322/mo, and a $1,953/mo payment. Purchase price stands at $399,000, and rental yield measures 3.98% with $1,322/mo rent. Return on cash invested shows 9.48% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 46.93% and total cumulative return in cash records $62,078. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,322/mo property income covering a $1,953/mo payment rather than investor’s personal income.

Multi Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71292, West Monroe, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,145 (100%)
Owner Occupied HU	6,053 (59.7%)
Renter Occupied HU	2,771 (27.3%)
Vacant Housing Units	1,321 (13.0%)
Median Home Value	$184,957
Average Home Value	$200,153