3100 Fairfield Ave UNIT 14CShreveportLA71104
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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 3100 Fairfield Ave UNIT 14C, Shreveport, LA, 71104 uses $51,051 cash to close to unlock $3,730/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $1,265/mo, and a $754/mo payment keeps the spread at $311/mo. Purchase price stands at $154,000, and rental yield measures 9.86% with $1,265/mo rent. Return on cash invested shows 27.21% in year one, and 5% annual appreciation builds toward $42,547 over five years. Five-year ROI reaches 142.05% and total cumulative return in cash records $72,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,265/mo property income covering a $754/mo payment rather than investor’s personal income.
Condo
Built in 1984
8,712 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: Tammie Harris • Rachel & Co. Realty
Mls Name: NTREIS
Mls ID: #21120866