Evangeline Plan, New Castle PinesShreveportLA71129
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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 Evangeline Plan, New Castle Pines, Shreveport, LA, 71129 earns $572/mo cash flow from $2,024/mo rent with a $1,113/mo payment. Total monthly income totals $2,024/mo, and annual cash flow totals $6,867/yr on $75,413 capital. ROI tracks 29.02% on current figures, and rental yield reads 10.68% at a $227,490 purchase. Equity gained on principal adds $1,468/yr, and 5% annual appreciation supports $62,851 over five years. Five-year ROI reaches 151.98% and total cumulative return in cash sums $114,611. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,024/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$43 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71129, Shreveport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,267 (100%) |
| Owner Occupied HU | 3,423 (54.6%) |
| Renter Occupied HU | 2,204 (35.2%) |
| Vacant Housing Units | 640 (10.2%) |
| Median Home Value | $198,695 |
| Average Home Value | $234,141 |
Housing Distribution
Address Breakdown
Residential
6,569
Single Family
4,937
Multi-Family
1,632
Businesses
478
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Listed by: N/A • Southern Home Builders INC.
Mls Name: Southern Home Builders INC.
Mls Provider:
Mls ID: #N/A