5710 Wood Ridge DrShreveportLA71119
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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 5710 Wood Ridge Dr, Shreveport, LA, 71119 uses $86,188 cash to close to unlock $8,748/yr annual cash flow and $729/mo monthly cash flow. Total monthly income runs $2,340/mo, and a $1,273/mo payment keeps the spread at $729/mo. Purchase price stands at $259,995, and rental yield measures 10.8% with $2,340/mo rent. Return on cash invested shows 30.06% in year one, and 5% annual appreciation builds toward $71,832 over five years. Five-year ROI reaches 157.33% and total cumulative return in cash records $135,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1995
3,245 sqft 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
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Listed by: Charles Horne • RE/MAX Executive Realty
Mls Name: NTREIS
Mls ID: #21108752