1021 Scarpengo RdShreveportLA71107
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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
Investment property for sale in Shreveport at 1021 Scarpengo Rd, Shreveport, LA, 71107 offers a 9.36% rental yield on a $139,900 purchase with $1,091/mo rent. Total monthly income registers $1,091/mo, and a $685/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,690/yr on $46,377 to close, and return on cash invested stands at 25.71% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 134.06% and total cumulative return in cash at $62,175. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,091/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71107, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,850 (100%) |
| Owner Occupied HU | 7,948 (57.4%) |
| Renter Occupied HU | 4,249 (30.7%) |
| Vacant Housing Units | 1,653 (11.9%) |
| Median Home Value | $187,150 |
| Average Home Value | $251,900 |
Housing Distribution
Address Breakdown
Residential
13,355
Single Family
12,380
Multi-Family
975
Businesses
1,037
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Listed by: Richard Hostetler • Prime Real Estate, LLC
Mls Name: NTREIS
Mls ID: #21096912