9322 Wiscassett DrShreveportLA71115
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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 9322 Wiscassett Dr, Shreveport, LA, 71115 listed at $237,500 pairs $1,661/mo rent with a $1,162/mo payment to leave $190/mo cash flow. Total monthly income runs $1,661/mo, and annual cash flow reaches $2,283/yr on $78,731 cash to close. Return on cash invested measures 22.81% in year one, and rental yield registers 8.39% at a $237,500 basis. Equity gained on principal adds $1,533/yr, and annual property appreciation at 5% supports $65,617 by year five. Five-year ROI tracks 118.44% and total cumulative return in cash totals $93,249. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,661/mo property income relative to a $1,162/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71115, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,594 (100%) |
| Owner Occupied HU | 4,263 (56.1%) |
| Renter Occupied HU | 2,725 (35.9%) |
| Vacant Housing Units | 606 ( 8.0%) |
| Median Home Value | $261,571 |
| Average Home Value | $302,073 |
Housing Distribution
Address Breakdown
Residential
7,643
Single Family
5,349
Multi-Family
2,294
Businesses
212
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Listed by: Timothy Bell • RE/MAX Real Estate Services
Mls Name: NTREIS
Mls ID: #21116079