6718 N Park CtShreveportLA71107
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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 6718 N Park Ct, Shreveport, LA, 71107 uses $92,820 cash to close to unlock $3,972/yr annual cash flow and $331/mo monthly cash flow. Total monthly income runs $2,065/mo, and a $1,370/mo payment keeps the spread at $331/mo. Purchase price stands at $280,000, and rental yield measures 8.85% with $2,065/mo rent. Return on cash invested shows 24.19% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 125.79% and total cumulative return in cash records $116,757. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,065/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1978
1.46 Acres lot
$N/A/sqft
No 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: Tammie Harris • Rachel & Co. Realty
Mls Name: NTREIS
Mls ID: #21145863