3901 Elmer LnShreveportLA71109
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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 3901 Elmer Ln, Shreveport, LA, 71109 uses $62,952 cash to close to unlock $6,422/yr annual cash flow and $535/mo monthly cash flow. Total monthly income runs $1,711/mo, and a $929/mo payment keeps the spread at $535/mo. Purchase price stands at $189,900, and rental yield measures 10.81% with $1,711/mo rent. Return on cash invested shows 30.11% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 157.61% and total cumulative return in cash records $99,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,711/mo property income covering a $929/mo payment rather than investor’s personal income.
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
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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.