37 Leslie LnMonroeLA71203
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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 37 Leslie Ln, Monroe, LA, 71203 uses $62,156 cash to close to unlock $4,119/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $1,505/mo, and a $918/mo payment keeps the spread at $343/mo. Purchase price stands at $187,500, and rental yield measures 9.63% with $1,505/mo rent. Return on cash invested shows 26.54% in year one, and 5% annual appreciation builds toward $51,803 over five years. Five-year ROI reaches 138.46% and total cumulative return in cash records $86,059. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,505/mo property income covering a $918/mo payment rather than investor’s personal income.
Single Family
Built in 2013
9,147 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Calandra Miley • Coldwell Banker Group One Realty
Mls Name: NELAR
Mls Provider:
Mls ID: #211833
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