707 Edgemont StShreveportLA71106
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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 707 Edgemont St, Shreveport, LA, 71106 priced at $229,000 pairs $1,609/mo rent with $140/mo cash flow after a $1,121/mo payment. Total monthly income equals $1,609/mo, and annual cash flow comes to $1,684/yr on $75,914 invested. Return on cash invested is 22.13% in year one, and rental yield stands at 8.43% on a $229,000 basis. Equity gained on principal adds $1,478/yr, and 5% annual appreciation accumulates to $63,268 by year five. Five-year ROI measures 115.07% and total cumulative return in cash reaches $87,353. For financing, Ziffy Mortgage’s DSCR program evaluates $1,609/mo property income against a $1,121/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1972
6,534 sqft lot
$N/A/sqft
$600 annually 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: Carlton Holland • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20743324
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.