9220 Wallace Lake RdShreveportLA71106
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 9220 Wallace Lake Rd, Shreveport, LA, 71106 offers a 0.99% rental yield on a $1,449,200 purchase with $1,200/mo rent. 49% in year one. Equity gained on principal adds $9,351/yr while 5% annual appreciation supports $400,387 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $7,093/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Moore • Coldwell Banker Apex Realtors
Mls Name: Coldwell Banker Apex, Realtors
Mls ID: #21050814