7628 Millicent WayShreveportLA71105
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 7628 Millicent Way, Shreveport, LA, 71105 earns $400/mo cash flow from $2,683/mo rent with a $1,804/mo payment. Total monthly income totals $2,683/mo, and annual cash flow totals $4,799/yr on $122,158 capital. ROI tracks 23.84% on current figures, and rental yield reads 8.74% at a $368,500 purchase. Equity gained on principal adds $2,378/yr, and 5% annual appreciation supports $101,810 over five years. Five-year ROI reaches 123.91% and total cumulative return in cash sums $151,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,683/mo property income instead of your personal income.
Single Family
Built in 1984
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71105, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,435 (100%) |
| Owner Occupied HU | 5,494 (48.0%) |
| Renter Occupied HU | 4,548 (39.8%) |
| Vacant Housing Units | 1,393 (12.2%) |
| Median Home Value | $232,662 |
| Average Home Value | $257,923 |
Housing Distribution
Address Breakdown
Residential
10,822
Single Family
7,581
Multi-Family
3,241
Businesses
1,394
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Whitney Thomas • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #21103701