9815 Hearthside CirShreveportLA71118
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 Shreveport at 9815 Hearthside Cir, Shreveport, LA, 71118 uses $74,588 cash to close to unlock $6,429/yr annual cash flow and $536/mo monthly cash flow. Total monthly income runs $2,068/mo, and a $1,101/mo payment keeps the spread at $536/mo. Purchase price stands at $225,000, and rental yield measures 11.03% with $2,068/mo rent. Return on cash invested shows 28.53% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 149.88% and total cumulative return in cash records $111,789. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,068/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1978
10,628 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ronna Beecher • Estep & Associates Real Estate Services, LLC
Mls Name: NTREIS
Mls ID: #21033995
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.