701 Kiroli RdWest MonroeLA71291
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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 701 Kiroli Rd, West Monroe, LA, 71291 with 5% annual appreciation on a $350,000 basis while $3,452/mo rent supports operations. Total monthly income totals $3,452/mo and a $1,713/mo payment preserves $1,284/mo for cash returns. Annual cash flow comes to $15,408/yr on $116,025 deployed, and return on cash invested reaches 33.19% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 11.84%. Five-year ROI measures 174.05% and total cumulative return in cash totals $201,938.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,452/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
0.40 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
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Listed by: David Bryant • BetterHomes&GardensVeranda
Mls Name: NELAR
Mls ID: #216469