7221 Brick StShreveportLA71119
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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 7221 Brick St, Shreveport, LA, 71119 uses $45,913 cash to close to unlock $6,059/yr annual cash flow and $505/mo monthly cash flow. Total monthly income runs $1,363/mo, and a $678/mo payment keeps the spread at $505/mo. Purchase price stands at $138,500, and rental yield measures 11.81% with $1,363/mo rent. Return on cash invested shows 33.11% in year one, and 5% annual appreciation builds toward $38,265 over five years. Five-year ROI reaches 173.61% and total cumulative return in cash records $79,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,363/mo property income covering a $678/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71119, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,074 (100%) |
| Owner Occupied HU | 3,378 (66.6%) |
| Renter Occupied HU | 1,072 (21.1%) |
| Vacant Housing Units | 624 (12.3%) |
| Median Home Value | $220,928 |
| Average Home Value | $281,949 |
Housing Distribution
Address Breakdown
Residential
5,004
Single Family
4,135
Multi-Family
869
Businesses
136
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Listed by: Hayli Cagle • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #20945754
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.