611 Stubbs AveMonroeLA71201
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
Rental property for sale in Monroe at 611 Stubbs Ave, Monroe, LA, 71201 offers $1,104/mo rent that, after a $710/mo payment, leaves $206/mo cash flow. Total monthly income is $1,104/mo, and annual cash flow is $2,466/yr on $48,068 cash. Return on cash invested measures 25.04% in year one, and rental yield stands at 9.14% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 130.43% and total cumulative return in cash reaches $62,696. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,104/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1923
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71201, Monroe, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,933 (100%) |
| Owner Occupied HU | 4,926 (45.1%) |
| Renter Occupied HU | 4,945 (45.2%) |
| Vacant Housing Units | 1,062 ( 9.7%) |
| Median Home Value | $286,209 |
| Average Home Value | $317,841 |
Housing Distribution
Address Breakdown
Residential
10,316
Single Family
8,607
Multi-Family
1,709
Businesses
2,141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices