8157 Hobbs DrShreveportLA71129
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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 8157 Hobbs Dr, Shreveport, LA, 71129 with 5% annual appreciation on a $115,000 basis while $1,667/mo rent supports operations. Total monthly income totals $1,667/mo and a $563/mo payment preserves $955/mo for cash returns. Annual cash flow comes to $11,454/yr on $38,123 deployed, and return on cash invested reaches 49.95% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 17.39%. Five-year ROI measures 264.03% and total cumulative return in cash totals $100,653.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,667/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71129, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,267 (100%) |
| Owner Occupied HU | 3,423 (54.6%) |
| Renter Occupied HU | 2,204 (35.2%) |
| Vacant Housing Units | 640 (10.2%) |
| Median Home Value | $198,695 |
| Average Home Value | $234,141 |
Housing Distribution
Address Breakdown
Residential
6,569
Single Family
4,937
Multi-Family
1,632
Businesses
478
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Listed by: Lee Hilton • Friestad Realty
Mls Name: NTREIS
Mls ID: #20921749