245 Stuart 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
Rental property for sale in Shreveport at 245 Stuart Ave, Shreveport, LA, 71105 offers $1,745/mo rent that, after a $1,199/mo payment, leaves $228/mo cash flow. Total monthly income is $1,745/mo, and annual cash flow is $2,732/yr on $81,184 cash. Return on cash invested measures 23.27% in year one, and rental yield stands at 8.55% at a $244,900 entry. Equity gained on principal adds $1,580/yr while 5% annual appreciation compounds into $67,661 by year five. Five-year ROI records 120.9% and total cumulative return in cash reaches $98,153. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,745/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
10,149 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: Michael Salter • Century 21 Elite
Mls Name: NTREIS
Mls ID: #21106953