118 Hallette DrShreveportLA71115
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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 118 Hallette Dr, Shreveport, LA, 71115 uses $176,015 cash to close to unlock $14,034/yr annual cash flow and $1,170/mo monthly cash flow. Total monthly income runs $4,703/mo, and a $2,619/mo payment keeps the spread at $1,170/mo. Purchase price stands at $535,000, and rental yield measures 10.55% with $4,703/mo rent. Return on cash invested shows 28.03% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 146.94% and total cumulative return in cash records $258,628. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,703/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Single Family
Built in 2005
9,408 sqft lot
$N/A/sqft
$219 monthly 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
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Listed by: Jenifer Doege • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20877968
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.