5623 Cashmere CirShreveportLA71129
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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 5623 Cashmere Cir, Shreveport, LA, 71129 with 5% annual appreciation on a $300,000 basis while $2,194/mo rent supports operations. Total monthly income totals $2,194/mo and a $1,468/mo payment preserves $213/mo for cash returns. Annual cash flow comes to $2,559/yr on $99,450 deployed, and return on cash invested reaches 22.48% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 8.78%. Five-year ROI measures 117.22% and total cumulative return in cash totals $116,580.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,194/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
1 Acres lot
$N/A/sqft
$360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71129, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,267 (100%) |
| Owner Occupied HU | 3,423 (54.6%) |
| Renter Occupied HU | 2,204 (35.2%) |
| Vacant Housing Units | 640 (10.2%) |
| Median Home Value | $198,695 |
| Average Home Value | $234,141 |
Housing Distribution
Address Breakdown
Residential
6,569
Single Family
4,937
Multi-Family
1,632
Businesses
478
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Listed by: Iesha McDonald • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #20880712
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.