7268 Joe Mae LnShreveportLA71119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7268 Joe Mae Ln, Shreveport, LA, 71119 earns $908/mo cash flow from $4,494/mo rent with a $2,814/mo payment. Total monthly income totals $4,494/mo, and annual cash flow totals $10,890/yr on $189,175 capital. ROI tracks 25.82% on current figures, and rental yield reads 9.38% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 134.56% and total cumulative return in cash sums $254,555. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,494/mo property income instead of your personal income.
Single Family
Built in 1999
1.88 Acres lot
$N/A/sqft
$300 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michele Bailey • Diamond Realty & Associates
Mls Name: NTREIS
Mls ID: #20742662
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.