1321 E Washington StShreveportLA71104
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 1321 E Washington St, Shreveport, LA, 71104 earns $336/mo cash flow from $1,721/mo rent with a $1,094/mo payment. Total monthly income totals $1,721/mo, and annual cash flow totals $4,037/yr on $74,090 capital. ROI tracks 25.36% on current figures, and rental yield reads 9.24% at a $223,500 purchase. Equity gained on principal adds $1,442/yr, and 5% annual appreciation supports $61,749 over five years. Five-year ROI reaches 132.11% and total cumulative return in cash sums $97,878. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,721/mo property income instead of your personal income.
Single Family
Built in 1961
8,363 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71104, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,676 (100%) |
| Owner Occupied HU | 2,960 (38.6%) |
| Renter Occupied HU | 3,387 (44.1%) |
| Vacant Housing Units | 1,329 (17.3%) |
| Median Home Value | $165,960 |
| Average Home Value | $225,565 |
Housing Distribution
Address Breakdown
Residential
7,368
Single Family
6,018
Multi-Family
1,350
Businesses
517
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Listed by: Nathaly Sanchez-Vargas • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #21023188