263 Symphony LnShreveportLA71105
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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 263 Symphony Ln, Shreveport, LA, 71105 uses $99,417 cash to close to unlock $3,830/yr annual cash flow and $319/mo monthly cash flow. Total monthly income runs $2,177/mo, and a $1,468/mo payment keeps the spread at $319/mo. Purchase price stands at $299,900, and rental yield measures 8.71% with $2,177/mo rent. Return on cash invested shows 23.76% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 123.54% and total cumulative return in cash records $122,824. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,177/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.25 Acres 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: #21124911