3524 Michigan BlvdShreveportLA71109
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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 3524 Michigan Blvd, Shreveport, LA, 71109 priced at $114,900 pairs $905/mo rent with $194/mo cash flow after a $562/mo payment. Total monthly income equals $905/mo, and annual cash flow comes to $2,324/yr on $38,089 invested. Return on cash invested is 26.01% in year one, and rental yield stands at 9.45% on a $114,900 basis. Equity gained on principal adds $741/yr, and 5% annual appreciation accumulates to $31,745 by year five. Five-year ROI measures 135.6% and total cumulative return in cash reaches $51,650. For financing, Ziffy Mortgage’s DSCR program evaluates $905/mo property income against a $562/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
7,230 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71109, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,133 (100%) |
| Owner Occupied HU | 3,700 (40.5%) |
| Renter Occupied HU | 3,952 (43.3%) |
| Vacant Housing Units | 1,481 (16.2%) |
| Median Home Value | $96,213 |
| Average Home Value | $169,941 |
Housing Distribution
Address Breakdown
Residential
8,682
Single Family
7,518
Multi-Family
1,164
Businesses
667
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Listed by: Desiree Davis • Diamond Realty & Associates
Mls Name: NTREIS
Mls ID: #21085995