3901 Elmer LnShreveportLA71109
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3901 Elmer Ln, Shreveport, LA, 71109 in Shreveport hard to pass up. The 10.81% gross yield on a $189,900 purchase results in $1,711/mo in rent and $535/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.00). Annual cash flow of $6,418, five-year appreciation of $52,466, and $1,749/yr in equity build-up combine for a projected total cumulative return of $106,458.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 9.2% |
| Monthly Cash Flow | $535 | $450 |
City averages based on Shreveport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,711 |
| Total Monthly Debt Service | $1,101 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1986
0.28 Acres 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
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
Single Family
Built in 1986
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Huckaby • Mary Huckaby Real Estate
Mls Name: NTREIS
Mls ID: #20700939
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.