222 Laurel Grove Dr, Monroe, LA, 71203 | $693/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

Rental property for sale in Monroe at 222 Laurel Grove Dr, Monroe, LA, 71203 priced at $189,000 converts $1,864/mo rent into $693/mo cash flow after a $925/mo obligation. Total monthly income equals $1,864/mo, and annual cash flow totals $8,320/yr on $62,654 invested. Return on cash invested prints 33.19% in year one, and rental yield reads 11.83% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 174.12% and total cumulative return in cash sums $109,090. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,864/mo property income covering a $925/mo payment, not borrower’s personal income.

Single Family

Built in 1968

N/A lot

$N/A/sqft

No HOA