302 Merrick StShreveportLA71104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 302 Merrick St, Shreveport, LA, 71104 at $199,900 posts ROI 27.57% with $423/mo cash flow from $1,661/mo rent. Total monthly income equals $1,661/mo, and annual cash flow records $5,078/yr on $66,267 to close. Return on cash invested measures 27.57% and rental yield reads 9.97% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 144% and total cumulative return in cash totals $95,425.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,661/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1939
7,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71104, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,676 (100%) |
| Owner Occupied HU | 2,960 (38.6%) |
| Renter Occupied HU | 3,387 (44.1%) |
| Vacant Housing Units | 1,329 (17.3%) |
| Median Home Value | $165,960 |
| Average Home Value | $225,565 |
Housing Distribution
Address Breakdown
Residential
7,368
Single Family
6,018
Multi-Family
1,350
Businesses
517
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Listed by: Penny Harrison • All Property Services, Inc.
Mls Name: NTREIS
Mls ID: #21104393