211 Poole RdMontereyLA71354
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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
Investment Highlights
Investment property for sale in Monterey at 211 Poole Rd, Monterey, LA, 71354 offers a 9.77% rental yield on a $184,900 purchase with $1,505/mo rent. Total monthly income registers $1,505/mo, and a $905/mo payment leaves $360/mo available for distribution. Annual cash flow reaches $4,316/yr on $61,294 to close, and return on cash invested stands at 26.95% in year one. Equity gained on principal adds $1,193/yr while 5% annual appreciation supports $51,084 over five years. Portfolio math shows five-year ROI at 140.64% and total cumulative return in cash at $86,203. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,505/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71354, Monterey, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 892 (100%) |
| Owner Occupied HU | 498 (55.8%) |
| Renter Occupied HU | 70 ( 7.8%) |
| Vacant Housing Units | 324 (36.3%) |
| Median Home Value | $166,923 |
| Average Home Value | $193,002 |
Housing Distribution
Address Breakdown
Residential
611
Single Family
611
Multi-Family
0
Businesses
34
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