1820 E Kings Hwy APT 15ShreveportLA71105
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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 1820 E Kings Hwy APT 15, Shreveport, LA, 71105 earns $160/mo cash flow from $922/mo rent with a $602/mo payment. Total monthly income totals $922/mo, and annual cash flow totals $1,921/yr on $40,774 capital. ROI tracks 24.62% on current figures, and rental yield reads 9% at a $122,999 purchase. Equity gained on principal adds $794/yr, and 5% annual appreciation supports $33,982 over five years. Five-year ROI reaches 128.23% and total cumulative return in cash sums $52,285. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $922/mo property income instead of your personal income.
Condo
Built in 1975
N/A 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: Jared English • Congress Realty, Inc.
Mls Name: NTREIS
Mls ID: #21100663