4611 Highway 34 HwyWest MonroeLA71292
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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 West Monroe at 4611 Highway 34 Hwy, West Monroe, LA, 71292 offers a 4.77% rental yield on a $240,000 purchase with $954/mo rent. 87% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 59.73% and total cumulative return in cash at $47,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $954/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
3.18 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 |
Housing Distribution
Address Breakdown
Residential
9,629
Single Family
9,576
Multi-Family
53
Businesses
614
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Listed by: DANA CHAPMAN • CENTURY 21 BUELOW-MILLER REALTY
Mls Name: GCLRA
Mls ID: #2538675