3222 Logan StShreveportLA71103
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3222 Logan St, Shreveport, LA, 71103 in Shreveport is a solid income-producing rental, 9.16% gross yield, $1,290/mo rent, $243/mo net cash flow on a $169,000 buy. DSCR 1.70 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $46,692 and $1,557/yr in principal reduction project a total cumulative return of $79,759.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 9.2% |
| Monthly Cash Flow | $243 | $450 |
City averages based on Shreveport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,290 |
| Total Monthly Debt Service | $980 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1970
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71103, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,273 (100%) |
| Owner Occupied HU | 1,123 (34.3%) |
| Renter Occupied HU | 1,465 (44.8%) |
| Vacant Housing Units | 685 (20.9%) |
| Median Home Value | $105,579 |
| Average Home Value | $131,816 |
Housing Distribution
Address Breakdown
Residential
3,037
Single Family
2,739
Multi-Family
298
Businesses
527
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
Single Family
Built in 1970
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71103, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,273 (100%) |
| Owner Occupied HU | 1,123 (34.3%) |
| Renter Occupied HU | 1,465 (44.8%) |
| Vacant Housing Units | 685 (20.9%) |
| Median Home Value | $105,579 |
| Average Home Value | $131,816 |
Housing Distribution
Address Breakdown
Residential
3,037
Single Family
2,739
Multi-Family
298
Businesses
527
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joyce Landrum • Bromley Real Estate Inc
Mls Name: NTREIS
Mls ID: #20816306
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.