204 Hoover Dr, Monroe, LA, 71203 | $928/mo Cash Flow

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 204 Hoover Dr, Monroe, LA, 71203 uses $119,340 cash to close to unlock $11,136/yr annual cash flow and $928/mo monthly cash flow. Total monthly income runs $3,158/mo, and a $1,762/mo payment keeps the spread at $928/mo. Purchase price stands at $360,000, and rental yield measures 10.53% with $3,158/mo rent. Return on cash invested shows 29.24% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 152.88% and total cumulative return in cash records $182,445. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,158/mo property income covering a $1,762/mo payment rather than investor’s personal income.

Single Family

Built in 2014

0.32 Acres lot

$N/A/sqft

No HOA