6913 Rice RdShreveportLA71129
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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 6913 Rice Rd, Shreveport, LA, 71129 generates $1,082/mo in rent and, after a $705/mo payment, leaves $190/mo in cash flow. Total monthly income is $1,082/mo, and annual cash flow is $2,278/yr on $47,736 invested. Return on cash invested sits at 24.68% in year one, and rental yield is 9.02% on a $144,000 entry. Equity gained on principal adds $929/yr, while 5% annual appreciation builds toward $39,785 over five years. Five-year ROI reaches 128.47% and total cumulative return in cash sums $61,326. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,082/mo property income rather than buyer’s personal income.
Manufactured
Built in 2005
9,016 sqft 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: Lola Jones • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21085114