923 Fortune Dr, Monroe, LA, 71203 | $808/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Monroe at 923 Fortune Dr, Monroe, LA, 71203 uses $75,914 cash to close to unlock $9,700/yr annual cash flow and $808/mo monthly cash flow. Total monthly income runs $2,227/mo, and a $1,121/mo payment keeps the spread at $808/mo. Purchase price stands at $229,000, and rental yield measures 11.67% with $2,227/mo rent. Return on cash invested shows 32.69% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 171.42% and total cumulative return in cash records $130,133. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,227/mo property income covering a $1,121/mo payment rather than investor’s personal income.

Single Family

Built in 1962

N/A lot

$N/A/sqft

No HOA