705 Ockley DrShreveportLA71106
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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
Total monthly income runs $1,682/mo, and a $2,442/mo payment. Purchase price stands at $499,000, and rental yield measures 4.04% with $1,682/mo rent. Return on cash invested shows 9.69% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 48.06% and total cumulative return in cash records $79,506. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,682/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Multi Family
Built in 1946
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71106, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,499 (100%) |
| Owner Occupied HU | 9,278 (59.9%) |
| Renter Occupied HU | 4,316 (27.8%) |
| Vacant Housing Units | 1,905 (12.3%) |
| Median Home Value | $302,639 |
| Average Home Value | $392,509 |
Housing Distribution
Address Breakdown
Residential
15,053
Single Family
14,136
Multi-Family
917
Businesses
1,341
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Listed by: Ragan Terzia • RE/MAX UNITED
Mls Name: NTREIS
Mls ID: #21150266