215 Settlers Park DrShreveportLA71115
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.69 makes 215 Settlers Park Dr, Shreveport, LA, 71115 in Shreveport one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 9.15%. The 9.15% yield, 5% annual appreciation ($33,099 over five years), and $1,103/yr in principal reduction project a total cumulative return of $41,811.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 9.2% |
| Monthly Cash Flow | $(73) | $450 |
City averages based on Shreveport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $913 |
| Total Monthly Debt Service | $938 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 1982
740.52 sqft lot
$N/A/sqft
$186 monthly 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
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
Townhouse
Built in 1982
740.52 sqft lot
$N/A/sqft
$186 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Megan Harmon • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20907671
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.