1508 Suburbia DrShreveportLA71105
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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 1508 Suburbia Dr, Shreveport, LA, 71105 uses $98,787 cash to close to unlock $2,251/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $2,034/mo, and a $1,459/mo payment keeps the spread at $188/mo. Purchase price stands at $298,000, and rental yield measures 8.19% with $2,034/mo rent. Return on cash invested shows 22.19% in year one, and 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 115.08% and total cumulative return in cash records $113,684. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,034/mo property income covering a $1,459/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.26 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: Jennifer Wagley • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #21106084