415 Persimmon DrShreveportLA71115
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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 415 Persimmon Dr, Shreveport, LA, 71115 priced at $220,000 converts $2,155/mo rent into $687/mo cash flow after a $1,077/mo obligation. Total monthly income equals $2,155/mo, and annual cash flow totals $8,244/yr on $72,930 invested. Return on cash invested prints 31.21% in year one, and rental yield reads 11.75% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 164.06% and total cumulative return in cash sums $119,651. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,155/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1992
4,486 sqft lot
$N/A/sqft
$105 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71115, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,594 (100%) |
| Owner Occupied HU | 4,263 (56.1%) |
| Renter Occupied HU | 2,725 (35.9%) |
| Vacant Housing Units | 606 ( 8.0%) |
| Median Home Value | $261,571 |
| Average Home Value | $302,073 |
Housing Distribution
Address Breakdown
Residential
7,643
Single Family
5,349
Multi-Family
2,294
Businesses
212
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Listed by: Charles Horne • RE/MAX Executive Realty
Mls Name: NTREIS
Mls ID: #20794363
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.