7880 Wasson RdShreveportLA71107
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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 7880 Wasson Rd, Shreveport, LA, 71107 priced at $242,000 converts $2,118/mo rent into $604/mo cash flow after a $1,184/mo obligation. Total monthly income equals $2,118/mo, and annual cash flow totals $7,253/yr on $80,223 invested. Return on cash invested prints 28.95% in year one, and rental yield reads 10.5% against a $242,000 entry. Equity gained on principal adds $1,562/yr, while 5% annual appreciation compiles into $66,860 by year five. Five-year ROI reaches 151.43% and total cumulative return in cash sums $121,482. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,118/mo property income covering a $1,184/mo payment, not borrower’s personal income.
Single Family
Built in 2021
9,104 sqft lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71107, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,850 (100%) |
| Owner Occupied HU | 7,948 (57.4%) |
| Renter Occupied HU | 4,249 (30.7%) |
| Vacant Housing Units | 1,653 (11.9%) |
| Median Home Value | $187,150 |
| Average Home Value | $251,900 |
Housing Distribution
Address Breakdown
Residential
13,355
Single Family
12,380
Multi-Family
975
Businesses
1,037
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Listed by: Tracy Glasgow • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #20742495
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.