216 Settlers Park DrShreveportLA71115
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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 216 Settlers Park Dr, Shreveport, LA, 71115 listed at $120,000 pairs $936/mo rent with a $587/mo payment to leave $7/mo cash flow. Total monthly income runs $936/mo, and annual cash flow reaches $84/yr on $39,780 cash to close. Return on cash invested measures 20.12% in year one, and rental yield registers 9.36% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 106.02% and total cumulative return in cash totals $42,175. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $936/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1983
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
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Listed by: Kellee Huff • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20942658
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.