3100 Fairfield Ave UNIT 13AShreveportLA71104
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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
Total monthly income runs $971/mo, and a $611/mo payment. Purchase price stands at $124,900, and rental yield measures 9.33% with $971/mo rent. Return on cash invested shows 19.84% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 104.62% and total cumulative return in cash records $43,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $971/mo property income covering a $611/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$200 monthly 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: Vinh Nguyen • Century 21 Elite
Mls Name: NTREIS
Mls ID: #20722043
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.