9449 Pitch Pine 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 9449 Pitch Pine Dr, Shreveport, LA, 71118 offers a 10.59% rental yield on a $215,000 purchase with $1,898/mo rent. Total monthly income registers $1,898/mo, and a $1,052/mo payment leaves $567/mo available for distribution. Annual cash flow reaches $6,798/yr on $71,273 to close, and return on cash invested stands at 29.45% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 154.01% and total cumulative return in cash at $109,765. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,898/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.32 Acres 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: Mike Moore • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21156893
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.