9717 Charleston 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 9717 Charleston Dr, Shreveport, LA, 71118 offers a 11% rental yield on a $189,999 purchase with $1,741/mo rent. Total monthly income registers $1,741/mo, and a $930/mo payment leaves $564/mo available for distribution. Annual cash flow reaches $6,768/yr on $62,985 to close, and return on cash invested stands at 30.65% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,493 over five years. Portfolio math shows five-year ROI at 160.46% and total cumulative return in cash at $101,064. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,741/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
N/A 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: Larry Ellis • Chaunta Mero
Mls Name: NTREIS
Mls ID: #21078937