838 Fairlawn DrShreveportLA71118
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 838 Fairlawn Dr, Shreveport, LA, 71118 at $132,000 posts ROI 25.93% with $219/mo cash flow from $1,037/mo rent. Total monthly income equals $1,037/mo, and annual cash flow records $2,633/yr on $43,758 to close. Return on cash invested measures 25.93% and rental yield reads 9.43% at the current $132,000. Equity gained on principal adds $852/yr, and 5% annual appreciation supports $36,469 by year five. Five-year ROI prints 135.19% and total cumulative return in cash totals $59,155.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,037/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71118, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,867 (100%) |
| Owner Occupied HU | 6,287 (57.9%) |
| Renter Occupied HU | 3,719 (34.2%) |
| Vacant Housing Units | 861 ( 7.9%) |
| Median Home Value | $172,648 |
| Average Home Value | $204,551 |
Housing Distribution
Address Breakdown
Residential
10,537
Single Family
8,085
Multi-Family
2,452
Businesses
649
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Listed by: Becki Bass • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20981387