1550 Leonard RdShreveportLA71115
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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 1550 Leonard Rd, Shreveport, LA, 71115 uses $131,937 cash to close to unlock $15,583/yr annual cash flow and $1,299/mo monthly cash flow. Total monthly income runs $3,764/mo, and a $1,948/mo payment keeps the spread at $1,299/mo. Purchase price stands at $398,000, and rental yield measures 11.35% with $3,764/mo rent. Return on cash invested shows 31.72% in year one, and 5% annual appreciation builds toward $109,960 over five years. Five-year ROI reaches 166.19% and total cumulative return in cash records $219,264. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,764/mo property income covering a $1,948/mo payment rather than investor’s personal income.
Single Family
Built in 1975
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71115, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,594 (100%) |
| Owner Occupied HU | 4,263 (56.1%) |
| Renter Occupied HU | 2,725 (35.9%) |
| Vacant Housing Units | 606 ( 8.0%) |
| Median Home Value | $261,571 |
| Average Home Value | $302,073 |
Housing Distribution
Address Breakdown
Residential
7,643
Single Family
5,349
Multi-Family
2,294
Businesses
212
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Listed by: Hayli Cagle • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #20808949
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.