38 Colonial Dr #A & B,Monroe,LA,71203

Investment Highlights

Rental property for sale in Monroe at 38 Colonial Dr #A & B, Monroe, LA, 71203 generates $1,819/mo in rent and, after a $698/mo payment, leaves $831/mo in cash flow. Total monthly income is $1,819/mo, and annual cash flow is $9,977/yr on $47,292 invested. Return on cash invested sits at 41.01% in year one, and rental yield is 15.3% on a $142,661 entry. Equity gained on principal adds $921/yr, while 5% annual appreciation builds toward $39,415 over five years. Five-year ROI reaches 217.01% and total cumulative return in cash sums $102,630. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,819/mo property income rather than buyer’s personal income.