72 Langford DrMonroeLA71202
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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 72 Langford Dr, Monroe, LA, 71202 priced at $101,000 pairs $954/mo rent with $329/mo cash flow after a $494/mo payment. Total monthly income equals $954/mo, and annual cash flow comes to $3,944/yr on $33,482 invested. Return on cash invested is 31.69% in year one, and rental yield stands at 11.33% on a $101,000 basis. Equity gained on principal adds $652/yr, and 5% annual appreciation accumulates to $27,904 by year five. Five-year ROI measures 166.07% and total cumulative return in cash reaches $55,602. For financing, Ziffy Mortgage’s DSCR program evaluates $954/mo property income against a $494/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
5,227 sqft 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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