10104 Hanover DrShreveportLA71115
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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
Investment Highlights
Rental property for sale in Shreveport at 10104 Hanover Dr, Shreveport, LA, 71115 generates $1,068/mo in rent and, after a $666/mo payment, leaves $225/mo in cash flow. Total monthly income is $1,068/mo, and annual cash flow is $2,702/yr on $45,084 invested. Return on cash invested sits at 25.9% in year one, and rental yield is 9.42% on a $136,000 entry. Equity gained on principal adds $878/yr, while 5% annual appreciation builds toward $37,574 over five years. Five-year ROI reaches 135.09% and total cumulative return in cash sums $60,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,068/mo property income rather than buyer’s personal income.
Townhouse
Built in 1975
1,393 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71115, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,594 (100%) |
| Owner Occupied HU | 4,263 (56.1%) |
| Renter Occupied HU | 2,725 (35.9%) |
| Vacant Housing Units | 606 ( 8.0%) |
| Median Home Value | $261,571 |
| Average Home Value | $302,073 |
Housing Distribution
Address Breakdown
Residential
7,643
Single Family
5,349
Multi-Family
2,294
Businesses
212
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Listed by: Stan Cole • Century 21 United
Mls Name: NTREIS
Mls ID: #21087882