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King Realty
2909 Woodford St, Shreveport, LA 71108
- $62,000
- 3
- BD
- 2
- BA
- 1,263
- SqFt
- List Price
- $62,000
- MLS#
- 21403645
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Residential
- Style
- Detached
- Year Built
- 1957
- Bedrooms
- 3
- Full Baths
- 2
- Acres
- 0.15
- Living Area
- 1,263
- County
- Caddo
- City
- Shreveport
- Subdivision
- Parkhurst Add
- Number of Stories
- 1
- Architecture Style
- Detached
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.
Additional Information
- Unexempt Taxes
- $642
- Lot Size
- 6,534
- Acres
- 0.15
- Interior Features
- Cable TV
- Stories
- 1
- Pool Features
- None
- Carport Spaces
- 1
- Parking Garage
- Driveway
- School District
- Caddo Psb
- Elementary School
- Caddo ISD Schools
- Middle School
- Caddo Isd Schools
- High School
- Caddo ISD Schools
- Possession
- CloseOfEscrow
Mortgage Calculator
Listing courtesy of Desiree Davis from Diamond Realty & Associates. Contact: 318-746-0011
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
Last updated: