608 Riverscape DrShreveportLA71104
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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 608 Riverscape Dr, Shreveport, LA, 71104 offers $2,011/mo rent that, after a $1,216/mo payment, leaves $445/mo cash flow. Total monthly income is $2,011/mo, and annual cash flow is $5,339/yr on $82,378 cash. Return on cash invested measures 26.39% in year one, and rental yield stands at 9.71% at a $248,500 entry. Equity gained on principal adds $1,604/yr while 5% annual appreciation compounds into $68,656 by year five. Five-year ROI records 137.74% and total cumulative return in cash reaches $113,467. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,011/mo property income versus a $1,216/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
6,272 sqft lot
$N/A/sqft
$324 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71104, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,676 (100%) |
| Owner Occupied HU | 2,960 (38.6%) |
| Renter Occupied HU | 3,387 (44.1%) |
| Vacant Housing Units | 1,329 (17.3%) |
| Median Home Value | $165,960 |
| Average Home Value | $225,565 |
Housing Distribution
Address Breakdown
Residential
7,368
Single Family
6,018
Multi-Family
1,350
Businesses
517
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Listed by: Qianna Hauptman-Beaudoin • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #20731334
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.