9310 Sandalwood DrShreveportLA71118
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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 9310 Sandalwood Dr, Shreveport, LA, 71118 uses $57,979 cash to close to unlock $3,476/yr annual cash flow and $290/mo monthly cash flow. Total monthly income runs $1,373/mo, and a $856/mo payment keeps the spread at $290/mo. Purchase price stands at $174,900, and rental yield measures 9.42% with $1,373/mo rent. Return on cash invested shows 25.9% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 135.03% and total cumulative return in cash records $78,288. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,373/mo property income covering a $856/mo payment rather than investor’s personal income.
Single Family
Built in 1985
7,797 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: Jacob Ferguson • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21100155