6966 Buncombe 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 6966 Buncombe Rd, Shreveport, LA, 71129 priced at $174,947 converts $1,325/mo rent into $242/mo cash flow after a $856/mo obligation. Total monthly income equals $1,325/mo, and annual cash flow totals $2,899/yr on $57,995 invested. Return on cash invested prints 24.91% in year one, and rental yield reads 9.09% against a $174,947 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,335 by year five. Five-year ROI reaches 129.66% and total cumulative return in cash sums $75,194. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,325/mo property income covering a $856/mo payment, not borrower’s personal income.
Manufactured
Built in 2004
1.26 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: Rodney Yoakum • Call It Closed International, Inc.
Mls Name: NTREIS
Mls ID: #20675388
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.