405 Rutledge 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
Rental property for sale in Shreveport at 405 Rutledge St, Shreveport, LA, 71106 offers $1,104/mo rent that, after a $582/mo payment, leaves $367/mo cash flow. Total monthly income is $1,104/mo, and annual cash flow is $4,408/yr on $39,449 cash. Return on cash invested measures 31.08% in year one, and rental yield stands at 11.13% at a $119,000 entry. Equity gained on principal adds $768/yr while 5% annual appreciation compounds into $32,878 by year five. Five-year ROI records 162.88% and total cumulative return in cash reaches $64,253. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,104/mo property income versus a $582/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
7,448 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: Jodi Hutto • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21107812