919 Monrovia StShreveportLA71106
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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 919 Monrovia St, Shreveport, LA, 71106 uses $115,694 cash to close to unlock $14,872/yr annual cash flow and $1,239/mo monthly cash flow. Total monthly income runs $3,401/mo, and a $1,708/mo payment keeps the spread at $1,239/mo. Purchase price stands at $349,000, and rental yield measures 11.69% with $3,401/mo rent. Return on cash invested shows 32.76% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 171.81% and total cumulative return in cash records $198,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,401/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 1932
8,668 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71106, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,499 (100%) |
| Owner Occupied HU | 9,278 (59.9%) |
| Renter Occupied HU | 4,316 (27.8%) |
| Vacant Housing Units | 1,905 (12.3%) |
| Median Home Value | $302,639 |
| Average Home Value | $392,509 |
Housing Distribution
Address Breakdown
Residential
15,053
Single Family
14,136
Multi-Family
917
Businesses
1,341
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Listed by: John Albin • Century 21 Elite
Mls Name: NTREIS
Mls ID: #21012248