505 Applejack 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
Investment property for sale in Shreveport at 505 Applejack Dr, Shreveport, LA, 71115 with 5% annual appreciation on a $259,999 basis while $2,032/mo rent supports operations. Total monthly income totals $2,032/mo and a $1,273/mo payment preserves $241/mo for cash returns. Annual cash flow comes to $2,892/yr on $86,190 deployed, and return on cash invested reaches 23.26% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 9.38%. Five-year ROI measures 121.75% and total cumulative return in cash totals $104,933.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,032/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
5,227 sqft lot
$N/A/sqft
$180 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: Hunter Timms • 1 Percent Lists NWLA
Mls Name: NTREIS
Mls ID: #20926966
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.