Ravenswood V A Plan, Magnolia Pointe,Monroe,LA,71203

Investment Highlights

Rental property for sale in Monroe at Ravenswood V A Plan, Magnolia Pointe, Monroe, LA, 71203 generates $1,889/mo in rent and, after a $1,302/mo payment, leaves $241/mo in cash flow. Total monthly income is $1,889/mo, and annual cash flow is $2,895/yr on $88,176 invested. Return on cash invested sits at 23.19% in year one, and rental yield is 8.52% on a $265,990 entry. Equity gained on principal adds $1,716/yr, while 5% annual appreciation builds toward $73,488 over five years. Five-year ROI reaches 120.5% and total cumulative return in cash sums $106,250. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,889/mo property income rather than buyer’s personal income.