714 Harmon Johnson RdMonroeLA71202
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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 714 Harmon Johnson Rd, Monroe, LA, 71202 at $400,000 posts ROI 3.09% with from $619/mo rent. Total monthly income equals $619/mo. Return on cash invested measures 3.09% and rental yield reads 1.86% at the current $400,000. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 by year five. Five-year ROI prints 12.62% and total cumulative return in cash totals $16,732. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $619/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in N/A
72.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71202, Monroe, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,760 (100%) |
| Owner Occupied HU | 4,216 (39.2%) |
| Renter Occupied HU | 4,942 (45.9%) |
| Vacant Housing Units | 1,602 (14.9%) |
| Median Home Value | $88,281 |
| Average Home Value | $141,317 |
Housing Distribution
Address Breakdown
Residential
9,926
Single Family
9,185
Multi-Family
741
Businesses
547
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