358 E 80th StShreveportLA71106
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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 358 E 80th St, Shreveport, LA, 71106 uses $38,089 cash to close to unlock $3,572/yr annual cash flow and $298/mo monthly cash flow. Total monthly income runs $1,009/mo, and a $562/mo payment keeps the spread at $298/mo. Purchase price stands at $114,900, and rental yield measures 10.54% with $1,009/mo rent. Return on cash invested shows 29.29% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 153.18% and total cumulative return in cash records $58,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,009/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1950
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: Hayden Wallace • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #20753390
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.