607 Chambord CirShreveportLA71115
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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
Rental property for sale in Shreveport at 607 Chambord Cir, Shreveport, LA, 71115 priced at $405,234 converts $2,748/mo rent into $238/mo cash flow after a $1,983/mo obligation. Total monthly income equals $2,748/mo, and annual cash flow totals $2,858/yr on $134,335 invested. Return on cash invested prints 22.04% in year one, and rental yield reads 8.14% against a $405,234 entry. Equity gained on principal adds $2,615/yr, while 5% annual appreciation compiles into $111,959 by year five. Five-year ROI reaches 114.28% and total cumulative return in cash sums $153,519. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,748/mo property income covering a $1,983/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71115, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,594 (100%) |
| Owner Occupied HU | 4,263 (56.1%) |
| Renter Occupied HU | 2,725 (35.9%) |
| Vacant Housing Units | 606 ( 8.0%) |
| Median Home Value | $261,571 |
| Average Home Value | $302,073 |
Housing Distribution
Address Breakdown
Residential
7,643
Single Family
5,349
Multi-Family
2,294
Businesses
212
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Listed by: Danielle Gosslee • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21091301