9219 Green Forest RdShreveportLA71118
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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 9219 Green Forest Rd, Shreveport, LA, 71118 uses $41,438 cash to close to unlock $2,346/yr annual cash flow and $196/mo monthly cash flow. Total monthly income runs $970/mo, and a $612/mo payment keeps the spread at $196/mo. Purchase price stands at $125,000, and rental yield measures 9.31% with $970/mo rent. Return on cash invested shows 25.57% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 133.25% and total cumulative return in cash records $55,217. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $970/mo property income covering a $612/mo payment rather than investor’s personal income.
Townhouse
Built in 1980
2,352 sqft 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: Brian Smith • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #21006204