1516 Highland AveShreveportLA71101
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1516 Highland Ave, Shreveport, LA, 71101 in Shreveport earns a respectable 9.36% gross yield at $109,900, but after the $494/mo mortgage the net cash flow is $176/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.73) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $30,363 over five years, making equity the dominant return driver. Total projected return: $53,068.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 9.2% |
| Monthly Cash Flow | $176 | $450 |
City averages based on Shreveport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $857 |
| Total Monthly Debt Service | $637 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
5,096 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71101, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,196 (100%) |
| Owner Occupied HU | 817 (19.5%) |
| Renter Occupied HU | 2,197 (52.4%) |
| Vacant Housing Units | 1,182 (28.2%) |
| Median Home Value | $113,164 |
| Average Home Value | $166,611 |
Housing Distribution
Address Breakdown
Residential
3,605
Single Family
2,254
Multi-Family
1,351
Businesses
1,163
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
Single Family
Built in 1940
5,096 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71101, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,196 (100%) |
| Owner Occupied HU | 817 (19.5%) |
| Renter Occupied HU | 2,197 (52.4%) |
| Vacant Housing Units | 1,182 (28.2%) |
| Median Home Value | $113,164 |
| Average Home Value | $166,611 |
Housing Distribution
Address Breakdown
Residential
3,605
Single Family
2,254
Multi-Family
1,351
Businesses
1,163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin May • Mayco Real Estate Services, LLC
Mls Name: NTREIS
Mls ID: #21152484