3222 Logan StShreveportLA71103
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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
Rental property for sale in Shreveport at 3222 Logan St, Shreveport, LA, 71103 generates $1,290/mo in rent and, after a $827/mo payment, leaves $243/mo in cash flow. Total monthly income is $1,290/mo, and annual cash flow is $2,920/yr on $56,024 invested. Return on cash invested sits at 25.12% in year one, and rental yield is 9.16% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 130.84% and total cumulative return in cash sums $73,303. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,290/mo property income rather than buyer’s personal income.
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
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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.