409 Forest AveShreveportLA71104
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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 409 Forest Ave, Shreveport, LA, 71104 priced at $235,000 converts $2,305/mo rent into $850/mo cash flow after a $1,150/mo obligation. Total monthly income equals $2,305/mo, and annual cash flow totals $10,194/yr on $77,903 invested. Return on cash invested prints 32.99% in year one, and rental yield reads 11.77% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 173.05% and total cumulative return in cash sums $134,812. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,305/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1920
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71104, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,676 (100%) |
| Owner Occupied HU | 2,960 (38.6%) |
| Renter Occupied HU | 3,387 (44.1%) |
| Vacant Housing Units | 1,329 (17.3%) |
| Median Home Value | $165,960 |
| Average Home Value | $225,565 |
Housing Distribution
Address Breakdown
Residential
7,368
Single Family
6,018
Multi-Family
1,350
Businesses
517
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Listed by: Karen Johnson • Epique Inc
Mls Name: NTREIS
Mls ID: #21108347