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$ 62,000
Est. payment | /mo
3 Beds
2 Baths
1,263 SqFt
$ 62,000
Est. payment | /mo
3 Beds
2 Baths
1,263 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,263 sqft
Subdivision Parkhurst Add
MLS Listing ID 21403645
Bedrooms 3
Full Baths 2
HOA Y/N None
Year Built 1957
Annual Tax Amount $642
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Single Family Residence
Property Description
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.
Location
State LA
County Caddo
Direction GPS
Rooms
Dining Room 1
Interior
Interior Features Cable TV Available
Appliance Other
Exterior
Carport Spaces 1
Utilities Available Cable Available, City Sewer, City Water
Total Parking Spaces 1
Garage No
Building
Story One
Level or Stories One
Schools
Elementary Schools Caddo Isd Schools
Middle Schools Caddo Isd Schools
High Schools Caddo Isd Schools
School District Caddo Psb
Others
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Listed by Desiree Davis • Diamond Realty & Associates