2619 Merwin StShreveportLA71103
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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 2619 Merwin St, Shreveport, LA, 71103 earns $204/mo cash flow from $947/mo rent with a $587/mo payment. Total monthly income totals $947/mo, and annual cash flow totals $2,448/yr on $39,780 capital. ROI tracks 26.06% on current figures, and rental yield reads 9.47% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 135.82% and total cumulative return in cash sums $54,031. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $947/mo property income instead of your personal income.
Single Family
Built in 1970
6,795 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71103, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,273 (100%) |
| Owner Occupied HU | 1,123 (34.3%) |
| Renter Occupied HU | 1,465 (44.8%) |
| Vacant Housing Units | 685 (20.9%) |
| Median Home Value | $105,579 |
| Average Home Value | $131,816 |
Housing Distribution
Address Breakdown
Residential
3,037
Single Family
2,739
Multi-Family
298
Businesses
527
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Listed by: Steven Pracht • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #21139055