504 E Frenchmans Bend RdMonroeLA71203
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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 504 E Frenchmans Bend Rd, Monroe, LA, 71203 offers a 10.67% rental yield on a $375,000 purchase with $3,335/mo rent. Total monthly income registers $3,335/mo, and a $1,835/mo payment leaves $1,013/mo available for distribution. Annual cash flow reaches $12,150/yr on $124,313 to close, and return on cash invested stands at 29.68% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 155.28% and total cumulative return in cash at $193,035. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,335/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.35 Acres lot
$N/A/sqft
No HOA
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Listed by: Harrison Lilly • THLT Realty
Mls Name: NELAR
Mls Provider:
Mls ID: #213094
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