1516 Highland AveShreveportLA71101
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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 1516 Highland Ave, Shreveport, LA, 71101 offers a 9.36% rental yield on a $109,900 purchase with $857/mo rent. Total monthly income registers $857/mo, and a $538/mo payment leaves $176/mo available for distribution. Annual cash flow reaches $2,114/yr on $36,432 to close, and return on cash invested stands at 25.71% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 134.07% and total cumulative return in cash at $48,844. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $857/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Kevin May • Mayco Real Estate Services, LLC
Mls Name: NTREIS
Mls ID: #21152484