118 Grey Eagle DrShreveportLA71115
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
Rental property for sale in Shreveport at 118 Grey Eagle Dr, Shreveport, LA, 71115 offers $2,668/mo rent that, after a $1,419/mo payment, leaves $872/mo cash flow. Total monthly income is $2,668/mo, and annual cash flow is $10,464/yr on $96,135 cash. Return on cash invested measures 30.79% in year one, and rental yield stands at 11.04% at a $290,000 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,122 by year five. Five-year ROI records 161.2% and total cumulative return in cash reaches $154,972. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,668/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
5,967 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolyn Mills • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21144993