6451 Faust DrShreveportLA71129
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 6451 Faust Dr, Shreveport, LA, 71129 priced at $158,500 converts $1,193/mo rent into $211/mo cash flow after a $776/mo obligation. Total monthly income equals $1,193/mo, and annual cash flow totals $2,531/yr on $52,543 invested. Return on cash invested prints 24.73% in year one, and rental yield reads 9.03% against a $158,500 entry. Equity gained on principal adds $1,023/yr, while 5% annual appreciation compiles into $43,791 by year five. Five-year ROI reaches 128.69% and total cumulative return in cash sums $67,619. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,193/mo property income covering a $776/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.60 Acres 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
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Listed by: Debbie Callender • LA State Realty, LLC
Mls Name: NTREIS
Mls ID: #20768462
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.