271 Caney Ridge Rd

• Large Lot Size: The expansive lot offers privacy and potential for future development or recreation • Mature Trees: Mature trees provide shade, aesthetic appeal, and can increase property value • Large Lot • Mature Trees • Long Driveway • Price Position: At $123.38/sqft, a comparison to similar 4-bedroom, 3-bathroom homes in Monroe is needed to determine if this is a competitive price. • Appreciation Trend: Insufficient data to analyze historical appreciation rates for this specific area of Monroe, LA. • Potential Equity: Property could be worth up to $14,000 more than the asking price • Rental Income: $1,280/month with 90% occupancy (0.0% cap rate) • Schools: The impact of school quality on property values cannot be determined without school performance data. • Future Development: Information on specific planned developments near 271 Caney Ridge Rd is currently unavailable. Local government planning documents should be consulted for details. • The property appears to have good natural light due to its open surroundings and tree placement.