623 Sandy Ridge CirShreveportLA71107
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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
Investment property for sale in Shreveport at 623 Sandy Ridge Cir, Shreveport, LA, 71107 with 5% annual appreciation on a $248,765 basis while $2,279/mo rent supports operations. Total monthly income totals $2,279/mo and a $1,218/mo payment preserves $723/mo for cash returns. Annual cash flow comes to $8,671/yr on $82,466 deployed, and return on cash invested reaches 30.42% in year one. Equity gained on principal adds $1,605/yr, and five-year appreciation sums $68,729 alongside rental yield of 10.99%. Five-year ROI measures 159.33% and total cumulative return in cash totals $131,394.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,279/mo property income versus a $1,218/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.39 Acres lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71107, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,850 (100%) |
| Owner Occupied HU | 7,948 (57.4%) |
| Renter Occupied HU | 4,249 (30.7%) |
| Vacant Housing Units | 1,653 (11.9%) |
| Median Home Value | $187,150 |
| Average Home Value | $251,900 |
Housing Distribution
Address Breakdown
Residential
13,355
Single Family
12,380
Multi-Family
975
Businesses
1,037
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Listed by: Saun Sullivan • Cicero Realty LLC
Mls Name: NTREIS
Mls ID: #20618681
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.