6042 S Lakeshore DrShreveportLA71119
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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
Investment property for sale in Shreveport at 6042 S Lakeshore Dr, Shreveport, LA, 71119 listed at $635,000 pairs $1,984/mo rent with a $3,108/mo payment. Total monthly income runs $1,984/mo. Return on cash invested measures 8.86% in year one, and rental yield registers 3.75% at a $635,000 basis. Equity gained on principal adds $4,098/yr, and annual property appreciation at 5% supports $175,439 by year five. Five-year ROI tracks 43.58% and total cumulative return in cash totals $91,052. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,984/mo property income relative to a $3,108/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
7,753 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: Hunter Timms • 1 Percent Lists NWLA
Mls Name: NTREIS
Mls ID: #21156022