2932 Independence AveShreveportLA71109
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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 2932 Independence Ave, Shreveport, LA, 71109 earns $566/mo cash flow from $1,807/mo rent with a $929/mo payment. Total monthly income totals $1,807/mo, and annual cash flow totals $6,797/yr on $62,952 capital. ROI tracks 30.71% on current figures, and rental yield reads 11.42% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 161.24% and total cumulative return in cash sums $101,501. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,807/mo property income instead of your personal income.
Single Family
Built in 1980
0.29 Acres 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: Chrissy Smith • Diamond Realty & Associates
Mls Name: NTREIS
Mls ID: #20789016
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.