6144 Fairington CtShreveportLA71129
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 6144 Fairington Ct, Shreveport, LA, 71129 in Shreveport earns a 9.12% gross yield at $233,000. Rent of $1,770/mo nets $321/mo after the $1,048/mo mortgage. The 1.69 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $64,374 and $2,146/yr in equity accumulation project a total cumulative return of $109,043.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 9.2% |
| Monthly Cash Flow | $321 | $450 |
City averages based on Shreveport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,770 |
| Total Monthly Debt Service | $1,356 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1981
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71129, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,267 (100%) |
| Owner Occupied HU | 3,423 (54.6%) |
| Renter Occupied HU | 2,204 (35.2%) |
| Vacant Housing Units | 640 (10.2%) |
| Median Home Value | $198,695 |
| Average Home Value | $234,141 |
Housing Distribution
Address Breakdown
Residential
6,569
Single Family
4,937
Multi-Family
1,632
Businesses
478
Nearby investment properties with comparable rents
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
Single Family
Built in 1981
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71129, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,267 (100%) |
| Owner Occupied HU | 3,423 (54.6%) |
| Renter Occupied HU | 2,204 (35.2%) |
| Vacant Housing Units | 640 (10.2%) |
| Median Home Value | $198,695 |
| Average Home Value | $234,141 |
Housing Distribution
Address Breakdown
Residential
6,569
Single Family
4,937
Multi-Family
1,632
Businesses
478
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Savage • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #21035156
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.