4419 Norway DrShreveportLA71105
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
Investment Highlights
Investment property for sale in Shreveport at 4419 Norway Dr, Shreveport, LA, 71105 uses $62,156 cash to close to unlock $9,639/yr annual cash flow and $803/mo monthly cash flow. Total monthly income runs $1,965/mo, and a $918/mo payment keeps the spread at $803/mo. Purchase price stands at $187,500, and rental yield measures 12.58% with $1,965/mo rent. Return on cash invested shows 35.42% in year one, and 5% annual appreciation builds toward $51,803 over five years. Five-year ROI reaches 186.08% and total cumulative return in cash records $115,663. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,965/mo property income covering a $918/mo payment rather than investor’s personal income.
Single Family
Built in 1955
5,510 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71105, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,435 (100%) |
| Owner Occupied HU | 5,494 (48.0%) |
| Renter Occupied HU | 4,548 (39.8%) |
| Vacant Housing Units | 1,393 (12.2%) |
| Median Home Value | $232,662 |
| Average Home Value | $257,923 |
Housing Distribution
Address Breakdown
Residential
10,822
Single Family
7,581
Multi-Family
3,241
Businesses
1,394
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shayne Sharkey • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #21118738