1343 Oak LnShreveportLA71107
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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 1343 Oak Ln, Shreveport, LA, 71107 offers a 9.11% rental yield on a $160,000 purchase with $1,215/mo rent. Total monthly income registers $1,215/mo, and a $783/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,688/yr on $53,040 to close, and return on cash invested stands at 24.98% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 130.03% and total cumulative return in cash at $68,966. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,215/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2017
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71107, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,850 (100%) |
| Owner Occupied HU | 7,948 (57.4%) |
| Renter Occupied HU | 4,249 (30.7%) |
| Vacant Housing Units | 1,653 (11.9%) |
| Median Home Value | $187,150 |
| Average Home Value | $251,900 |
Housing Distribution
Address Breakdown
Residential
13,355
Single Family
12,380
Multi-Family
975
Businesses
1,037
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Listed by: Keith Babb • Williams & Williams Real Estate Auctions
Mls Name: My State MLS
Mls ID: #11518246