255 Columbia StShreveportLA71104
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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 255 Columbia St, Shreveport, LA, 71104 priced at $215,000 converts $1,716/mo rent into $239/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,716/mo, and annual cash flow totals $2,866/yr on $71,273 invested. Return on cash invested prints 23.93% in year one, and rental yield reads 9.58% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 125.3% and total cumulative return in cash sums $89,305. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,716/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1935
0.29 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
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Listed by: Sydney Cowgill • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20985177
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.