1121 Forest TrlShreveportLA71106
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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 1121 Forest Trl, Shreveport, LA, 71106 priced at $1,159,000 converts $5,569/mo rent into after a $5,673/mo obligation. Total monthly income equals $5,569/mo. Return on cash invested prints 14.87% in year one, and rental yield reads 5.77% against a $1,159,000 entry. Equity gained on principal adds $7,479/yr, while 5% annual appreciation compiles into $320,210 by year five. Five-year ROI reaches 75.87% and total cumulative return in cash sums $284,907. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,569/mo property income covering a $5,673/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.31 Acres lot
$N/A/sqft
$110 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71106, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,499 (100%) |
| Owner Occupied HU | 9,278 (59.9%) |
| Renter Occupied HU | 4,316 (27.8%) |
| Vacant Housing Units | 1,905 (12.3%) |
| Median Home Value | $302,639 |
| Average Home Value | $392,509 |
Housing Distribution
Address Breakdown
Residential
15,053
Single Family
14,136
Multi-Family
917
Businesses
1,341
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Listed by: Karen Hoell • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20816338
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.