5607 S Lakeshore DrShreveportLA71119
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
Rental property for sale in Shreveport at 5607 S Lakeshore Dr, Shreveport, LA, 71119 offers $3,833/mo rent that, after a $3,035/mo payment. Total monthly income is $3,833/mo. Return on cash invested measures 19.74% in year one, and rental yield stands at 7.42% at a $620,000 entry. Equity gained on principal adds $4,001/yr while 5% annual appreciation compounds into $171,295 by year five. Five-year ROI records 101.98% and total cumulative return in cash reaches $208,023. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,833/mo property income versus a $3,035/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71119, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,074 (100%) |
| Owner Occupied HU | 3,378 (66.6%) |
| Renter Occupied HU | 1,072 (21.1%) |
| Vacant Housing Units | 624 (12.3%) |
| Median Home Value | $220,928 |
| Average Home Value | $281,949 |
Housing Distribution
Address Breakdown
Residential
5,004
Single Family
4,135
Multi-Family
869
Businesses
136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Toups • Southern Grace Home & Property Group LLC
Mls Name: NTREIS
Mls ID: #20950627
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.