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 offers $2,413/mo rent that, after a $1,302/mo payment, leaves $765/mo cash flow. Total monthly income is $2,413/mo, and annual cash flow is $9,183/yr on $88,176 cash. Return on cash invested measures 30.32% in year one, and rental yield stands at 10.89% at a $265,990 entry. Equity gained on principal adds $1,716/yr while 5% annual appreciation compounds into $73,488 by year five. Five-year ROI records 158.73% and total cumulative return in cash reaches $139,958. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,413/mo property income versus a $1,302/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.