297 Cadillac DrMonroeLA71203
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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 Monroe at 297 Cadillac Dr, Monroe, LA, 71203 with 5% annual appreciation on a $229,900 basis while $1,841/mo rent supports operations. Total monthly income totals $1,841/mo and a $1,125/mo payment preserves $417/mo for cash returns. Annual cash flow comes to $5,006/yr on $76,212 deployed, and return on cash invested reaches 26.48% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,517 alongside rental yield of 9.61%. Five-year ROI measures 138.12% and total cumulative return in cash totals $105,263.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,841/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
1.75 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Slagle McGuffee • Re/Max Premier Realty
Mls Name: NELAR
Mls Provider:
Mls ID: #211082
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