420 Forest AveShreveportLA71104
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 420 Forest Ave, Shreveport, LA, 71104 in Shreveport worth study. Rental yield 5.61%. The 5.61% gross yield is below cash-flow benchmarks at $399,900, but 5% annual appreciation, adding $110,485 over five years, frames this as a capital growth position. Rent of $1,868/mo partially offsets the $1,798/mo payment. Ziffy Mortgage finances appreciation-play properties (1.04 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $112,501.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 9.2% |
| Monthly Cash Flow | $(609) | $450 |
City averages based on Shreveport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,868 |
| Total Monthly Debt Service | $2,318 |
| DSCR Ratio | 0.81x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1937
5,401 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1937
5,401 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NTREIS
Mls ID: #21184658