400 Darbonne DrWest MonroeLA71291
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 West Monroe at 400 Darbonne Dr, West Monroe, LA, 71291 with 5% annual appreciation on a $795,000 basis while $5,630/mo rent supports operations. Total monthly income totals $5,630/mo and a $3,891/mo payment preserves $706/mo for cash returns. Annual cash flow comes to $8,466/yr on $261,555 deployed, and return on cash invested reaches 23.3% in year one. Equity gained on principal adds $5,130/yr, and five-year appreciation sums $219,644 alongside rental yield of 8.5%. Five-year ROI measures 120.99% and total cumulative return in cash totals $316,450.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,630/mo property income versus a $3,891/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
4.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71291, West Monroe, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,997 (100%) |
| Owner Occupied HU | 9,197 (57.5%) |
| Renter Occupied HU | 5,213 (32.6%) |
| Vacant Housing Units | 1,587 ( 9.9%) |
| Median Home Value | $233,021 |
| Average Home Value | $255,299 |
Housing Distribution
Address Breakdown
Residential
15,628
Single Family
13,585
Multi-Family
2,043
Businesses
1,389
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Bendily • John Rea Realty
Mls Name: NELAR
Mls ID: #216766