251 Boulevard StShreveportLA71104
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
Investment Highlights
Rental property for sale in Shreveport at 251 Boulevard St, Shreveport, LA, 71104 priced at $152,000 pairs $1,740/mo rent with $798/mo cash flow after a $744/mo payment. Total monthly income equals $1,740/mo, and annual cash flow comes to $9,581/yr on $50,388 invested. Return on cash invested is 38.92% in year one, and rental yield stands at 13.74% on a $152,000 basis. Equity gained on principal adds $981/yr, and 5% annual appreciation accumulates to $41,995 by year five. Five-year ROI measures 204.88% and total cumulative return in cash reaches $103,234. For financing, Ziffy Mortgage’s DSCR program evaluates $1,740/mo property income against a $744/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71104, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,676 (100%) |
| Owner Occupied HU | 2,960 (38.6%) |
| Renter Occupied HU | 3,387 (44.1%) |
| Vacant Housing Units | 1,329 (17.3%) |
| Median Home Value | $165,960 |
| Average Home Value | $225,565 |
Housing Distribution
Address Breakdown
Residential
7,368
Single Family
6,018
Multi-Family
1,350
Businesses
517
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Desiree Davis • Diamond Realty & Associates
Mls Name: NTREIS
Mls ID: #21122513