6000 N Market StShreveportLA71107
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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 6000 N Market St, Shreveport, LA, 71107 uses $61,297 cash to close to unlock $8,131/yr annual cash flow and $678/mo monthly cash flow. Total monthly income runs $1,823/mo, and a $905/mo payment keeps the spread at $678/mo. Purchase price stands at $184,909, and rental yield measures 11.83% with $1,823/mo rent. Return on cash invested shows 33.17% in year one, and 5% annual appreciation builds toward $51,087 over five years. Five-year ROI reaches 174.01% and total cumulative return in cash records $106,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,823/mo property income covering a $905/mo payment rather than investor’s personal income.
Apartment
Built in 1950
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71107, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,850 (100%) |
| Owner Occupied HU | 7,948 (57.4%) |
| Renter Occupied HU | 4,249 (30.7%) |
| Vacant Housing Units | 1,653 (11.9%) |
| Median Home Value | $187,150 |
| Average Home Value | $251,900 |
Housing Distribution
Address Breakdown
Residential
13,355
Single Family
12,380
Multi-Family
975
Businesses
1,037
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Listed by: Karen Bridges • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #21027428