397 Newburn LnShreveportLA71106
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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 397 Newburn Ln, Shreveport, LA, 71106 with 5% annual appreciation on a $562,355 basis while $1,800/mo rent supports operations. 77% in year one. Equity gained on principal adds $3,629/yr, and five-year appreciation sums $155,368 alongside rental yield of 3.84%. Five-year ROI measures 43.24% and total cumulative return in cash totals $79,993. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,800/mo property income versus a $2,752/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
10,802 sqft lot
$N/A/sqft
$695 annually 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: Tammi Montgomery • RE/MAX Real Estate Services
Mls Name: NTREIS
Mls ID: #20696775
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.