202 Preston AveShreveportLA71105
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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 202 Preston Ave, Shreveport, LA, 71105 offers a 9.21% rental yield on a $165,000 purchase with $1,266/mo rent. Total monthly income registers $1,266/mo, and a $808/mo payment leaves $244/mo available for distribution. Annual cash flow reaches $2,922/yr on $54,698 to close, and return on cash invested stands at 25.25% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 131.54% and total cumulative return in cash at $71,951. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,266/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
10,672 sqft 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: Lee Hilton • Friestad Realty
Mls Name: NTREIS
Mls ID: #21078310