9617 Balsa DrIndian HillsLA71115
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 Indian Hills at 9617 Balsa Dr, Indian Hills, LA, 71115 earns $76/mo cash flow from $1,429/mo rent with a $881/mo payment. Total monthly income totals $1,429/mo, and annual cash flow totals $912/yr on $59,637 capital. ROI tracks 21.44% on current figures, and rental yield reads 9.53% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 112.88% and total cumulative return in cash sums $67,317. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,429/mo property income instead of your personal income.
Townhouse
Built in 1981
1,742 sqft lot
$N/A/sqft
$148 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Savage • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #21055698
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.