624 Huron StShreveportLA71106
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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 624 Huron St, Shreveport, LA, 71106 priced at $194,900 converts $2,224/mo rent into $1,017/mo cash flow after a $954/mo obligation. Total monthly income equals $2,224/mo, and annual cash flow totals $12,200/yr on $64,609 invested. Return on cash invested prints 38.79% in year one, and rental yield reads 13.69% against a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,847 by year five. Five-year ROI reaches 204.12% and total cumulative return in cash sums $131,883. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,224/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1942
9,234 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71106, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,499 (100%) |
| Owner Occupied HU | 9,278 (59.9%) |
| Renter Occupied HU | 4,316 (27.8%) |
| Vacant Housing Units | 1,905 (12.3%) |
| Median Home Value | $302,639 |
| Average Home Value | $392,509 |
Housing Distribution
Address Breakdown
Residential
15,053
Single Family
14,136
Multi-Family
917
Businesses
1,341
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Listed by: Rachel Harvill • Diamond Realty & Associates
Mls Name: NTREIS
Mls ID: #21017058