340 Pierremont RdShreveportLA71106
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
Rental property for sale in Shreveport at 340 Pierremont Rd, Shreveport, LA, 71106 generates $4,700/mo in rent and, after a $2,643/mo payment, leaves $1,355/mo in cash flow. Total monthly income is $4,700/mo, and annual cash flow is $16,260/yr on $177,660 invested. Return on cash invested sits at 29.21% in year one, and rental yield is 10.44% on a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 152.7% and total cumulative return in cash sums $271,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,700/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
7,535 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71106, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,499 (100%) |
| Owner Occupied HU | 9,278 (59.9%) |
| Renter Occupied HU | 4,316 (27.8%) |
| Vacant Housing Units | 1,905 (12.3%) |
| Median Home Value | $302,639 |
| Average Home Value | $392,509 |
Housing Distribution
Address Breakdown
Residential
15,053
Single Family
14,136
Multi-Family
917
Businesses
1,341
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Listed by: Susan Chance • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #21016276