619 Ibis CtShreveportLA71115
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
Investment Highlights
Rental property for sale in Shreveport at 619 Ibis Ct, Shreveport, LA, 71115 priced at $479,000 converts $3,245/mo rent into $94/mo cash flow after a $2,344/mo obligation. Total monthly income equals $3,245/mo, and annual cash flow totals $1,133/yr on $158,789 invested. Return on cash invested prints 20.62% in year one, and rental yield reads 8.13% against a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation compiles into $132,339 by year five. Five-year ROI reaches 107.19% and total cumulative return in cash sums $170,211. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,245/mo property income covering a $2,344/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.30 Acres lot
$N/A/sqft
$35 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Long • Longleaf Realty
Mls Name: NTREIS
Mls ID: #20872386
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.