2160 Burgundy Ridge DrShreveportLA71118
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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
Rental property for sale in Shreveport at 2160 Burgundy Ridge Dr, Shreveport, LA, 71118 priced at $235,000 pairs $2,146/mo rent with $641/mo cash flow after a $1,150/mo payment. Total monthly income equals $2,146/mo, and annual cash flow comes to $7,686/yr on $77,903 invested. Return on cash invested is 29.78% in year one, and rental yield stands at 10.96% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 156.06% and total cumulative return in cash reaches $121,576. For financing, Ziffy Mortgage’s DSCR program evaluates $2,146/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
5,837 sqft lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71118, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,867 (100%) |
| Owner Occupied HU | 6,287 (57.9%) |
| Renter Occupied HU | 3,719 (34.2%) |
| Vacant Housing Units | 861 ( 7.9%) |
| Median Home Value | $172,648 |
| Average Home Value | $204,551 |
Housing Distribution
Address Breakdown
Residential
10,537
Single Family
8,085
Multi-Family
2,452
Businesses
649
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Listed by: Mike Moore • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20763170
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.