296 Evangeline Creek DrShreveportLA71106
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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 296 Evangeline Creek Dr, Shreveport, LA, 71106 earns $637/mo cash flow from $2,185/mo rent with a $1,223/mo payment. Total monthly income totals $2,185/mo, and annual cash flow totals $7,646/yr on $82,842 capital. ROI tracks 29.14% on current figures, and rental yield reads 10.49% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 152.39% and total cumulative return in cash sums $126,242. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,185/mo property income instead of your personal income.
Single Family
Built in 2011
9,626 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71106, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,499 (100%) |
| Owner Occupied HU | 9,278 (59.9%) |
| Renter Occupied HU | 4,316 (27.8%) |
| Vacant Housing Units | 1,905 (12.3%) |
| Median Home Value | $302,639 |
| Average Home Value | $392,509 |
Housing Distribution
Address Breakdown
Residential
15,053
Single Family
14,136
Multi-Family
917
Businesses
1,341
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Listed by: Crystal Butler • SBC Realty Group LLC
Mls Name: NTREIS
Mls ID: #21160990