Strong cash flowing rental in Shreveport. Tenant occupied home generates immediate income and offers excellent returns for investors or first time home buyers seeking affordable living. This home is currently being rented for $800 a month. With a Gross Cap Rate approximately 15.5%, Gross Rent Multiplier approximately 6.5, and estimated Net Cap Rate of 10.5%-12%, this property presents a compelling addition to any investment portfolio, with solid in place cash flow from day one. Please do not disturb tenants. A 24 hour notice is required. Qualifies for down payment assistance programs for eligible owner occupants. Package opportunities with other properties in the area. Contact listing agent for additional details, updated rent rolls, or package information.
Listed By
Agency Name: Diamond Realty & Associates
Agency Contact: 318-746-0011
Agent Name: Desiree Davis
Shown By
Agency Title: Pelican Realty Advisors
Agency Phone: 318-522-7373
Estimated Payment
$ 338.14 per month $320.06 Principal & Interest $0.00 Property Tax (data not provided by mls) $18.08 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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2909 Woodford Street | MLS# 21403645
This single family home located at 2909 Woodford Street, Shreveport, LA 71108 is currently listed for sale with an asking price of $62,000. This property was built in 1957 and has 3 bedrooms and 2 full baths with 1263 sq. ft. Woodford Street is located in the Parkhurst Add subdivision within the Caddo PSB school district. Search Parkhurst Add real estate on www.pelicanra.com today.