11551 Greenwood Springridge RdShreveportLA71129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 11551 Greenwood Springridge Rd, Shreveport, LA, 71129 offers a 6.63% rental yield on a $499,500 purchase with $2,759/mo rent. 48% in year one. Equity gained on principal adds $3,223/yr while 5% annual appreciation supports $138,003 over five years. Portfolio math shows five-year ROI at 89.82% and total cumulative return in cash at $148,735. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,759/mo property income against a $2,445/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71129, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,267 (100%) |
| Owner Occupied HU | 3,423 (54.6%) |
| Renter Occupied HU | 2,204 (35.2%) |
| Vacant Housing Units | 640 (10.2%) |
| Median Home Value | $198,695 |
| Average Home Value | $234,141 |
Housing Distribution
Address Breakdown
Residential
6,569
Single Family
4,937
Multi-Family
1,632
Businesses
478
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Christiansen • Little Realty Inc
Mls Name: NTREIS
Mls ID: #20985618
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.