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1607 Burroughs St, Monroe, LA, 71202

3beds
2baths
1,056sqft
$80,000
$76price/sqft
$751/moest. monthly cost
$30,040/yrincome needed

About This Home

Investor special with serious potential! This 3 bedroom property is the perfect opportunity to add to your rental portfolio or create steady cash flow. Featuring a functional layout, spacious living areas, and plenty of room to add value, this home is ready for your vision. Conveniently located near local amenities, shopping, and schools. Whether you’re a seasoned investor or just getting started, this one has “profit potential” written all over it. Call your favorite realtor for a showing today!

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

2/10
5/10
Wossman High SchoolGrades 9-120.8 mi

Construction

Materials

  • Foundation: Slab
  • Roof: Architecture Style
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Site Build,Residential

Interior

Appliances

  • Appliances included: Gas Range,None,Gas Water Heater

Bedroom

  • Level: First
  • Area: 99

Bedroom1

  • Level: First
  • Area: 80

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • Partial bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • None
  • Window features: Double Pane Windows,All Stay
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,256
  • Total interior livable area: 1,056 sqft

Kitchen

  • Level: First
  • Area: 108

Master Bedroom

  • Level: First
  • Area: 98

Property

Details

  • Parcel number: 44932

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: None
  • Fencing: Chain Link
  • Waterfront features: None

Lot

  • Features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Heat Wave
Tornado
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $404$4,848
Home Insurance *$166$1,992
Property Taxes $34$408
Electricity $147$1,773
Total$751$9,012
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$25,748/yr
40% on housing$22,530/yr
45% on housing$20,026/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$76This listing

vs Other Active Listings

Avg $/sqft

ZIP 71202$64
Ouachita Parish$120

vs Homes Sold Last Month

Median $/sqft

ZIP 71202$67
Ouachita Parish$134

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$90,000
2024-02-28Sold--
2007-05-08Sold--
2007-02-13Sold--

For Sale by Agent

AgentKristen LeDent
BrokerageKeller Williams Parishwide Partners

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