119 Carroll StShreveportLA71105
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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 119 Carroll St, Shreveport, LA, 71105 priced at $219,900 converts $2,102/mo rent into $740/mo cash flow after a $1,076/mo obligation. Total monthly income equals $2,102/mo, and annual cash flow totals $8,882/yr on $72,897 invested. Return on cash invested prints 32.09% in year one, and rental yield reads 11.47% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 168.26% and total cumulative return in cash sums $122,656. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,102/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71105, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,435 (100%) |
| Owner Occupied HU | 5,494 (48.0%) |
| Renter Occupied HU | 4,548 (39.8%) |
| Vacant Housing Units | 1,393 (12.2%) |
| Median Home Value | $232,662 |
| Average Home Value | $257,923 |
Housing Distribution
Address Breakdown
Residential
10,822
Single Family
7,581
Multi-Family
3,241
Businesses
1,394
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Listed by: Vinh Nguyen • Century 21 Elite
Mls Name: NTREIS
Mls ID: #20881486
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.