7008 Soda Point DrShreveportLA71107
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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 7008 Soda Point Dr, Shreveport, LA, 71107 uses $45,664 cash to close to unlock $1,319/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $973/mo, and a $674/mo payment keeps the spread at $110/mo. Purchase price stands at $137,750, and rental yield measures 8.48% with $973/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $38,058 over five years. Five-year ROI reaches 118.44% and total cumulative return in cash records $54,084. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $973/mo property income covering a $674/mo payment rather than investor’s personal income.
Single Family
Built in 1989
7,579 sqft 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: Cindy Dyer • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20949529
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.