322 Cheeks Rd, West Monroe, LA, 71292 | 1.46% 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 322 Cheeks Rd, West Monroe, LA, 71292 offers a 1.46% rental yield on a $739,000 purchase with $900/mo rent. 91% in year one. Equity gained on principal adds $4,769/yr while 5% annual appreciation supports $204,172 over five years. Portfolio math shows five-year ROI at 6.3% and total cumulative return in cash at $15,308. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $3,617/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Home Type Unknown

Built in 2022

1 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