321 Smith St, West Monroe, LA, 71292 | 4.52% Rental Yield

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 West Monroe at 321 Smith St, West Monroe, LA, 71292 earns from $900/mo rent with a $1,170/mo payment. Total monthly income totals $900/mo. ROI tracks 11.11% on current figures, and rental yield reads 4.52% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 55.72% and total cumulative return in cash sums $44,148. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $900/mo property income instead of your personal income.

Multi Family

Built in N/A

1.07 Acres 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