2605 Lakeway DrShreveportLA71109
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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 2605 Lakeway Dr, Shreveport, LA, 71109 uses $59,670 cash to close to unlock $4,680/yr annual cash flow and $390/mo monthly cash flow. Total monthly income runs $1,505/mo, and a $881/mo payment keeps the spread at $390/mo. Purchase price stands at $180,000, and rental yield measures 10.03% with $1,505/mo rent. Return on cash invested shows 27.75% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 144.9% and total cumulative return in cash records $86,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,505/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1973
10,149 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71109, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,133 (100%) |
| Owner Occupied HU | 3,700 (40.5%) |
| Renter Occupied HU | 3,952 (43.3%) |
| Vacant Housing Units | 1,481 (16.2%) |
| Median Home Value | $96,213 |
| Average Home Value | $169,941 |
Housing Distribution
Address Breakdown
Residential
8,682
Single Family
7,518
Multi-Family
1,164
Businesses
667
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Listed by: Hugo Murcia • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #21131461