3718 Eddy PlShreveportLA71107
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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 3718 Eddy Pl, Shreveport, LA, 71107 offers a 8.04% rental yield on a $214,900 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $1,052/mo payment leaves $42/mo available for distribution. Annual cash flow reaches $504/yr on $71,239 to close, and return on cash invested stands at 20.62% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,373 over five years. Portfolio math shows five-year ROI at 107.12% and total cumulative return in cash at $76,314. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71107, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,850 (100%) |
| Owner Occupied HU | 7,948 (57.4%) |
| Renter Occupied HU | 4,249 (30.7%) |
| Vacant Housing Units | 1,653 (11.9%) |
| Median Home Value | $187,150 |
| Average Home Value | $251,900 |
Housing Distribution
Address Breakdown
Residential
13,355
Single Family
12,380
Multi-Family
975
Businesses
1,037
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Listed by: Deborah Jackson • Divine Real Estate
Mls Name: NTREIS
Mls ID: #20984780
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.