1042 N Lane DrShreveportLA71107
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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 1042 N Lane Dr, Shreveport, LA, 71107 offers $1,916/mo rent that, after a $1,101/mo payment, leaves $523/mo cash flow. Total monthly income is $1,916/mo, and annual cash flow is $6,270/yr on $74,588 cash. Return on cash invested measures 28.32% in year one, and rental yield stands at 10.22% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 147.95% and total cumulative return in cash reaches $110,349. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,916/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
1.00 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: Shelly Wagner • Shelly Wagner & Associates + JPAR Real Estate
Mls Name: NTREIS
Mls ID: #21099744