$62,000

MLS #: 21403645

Listing courtesy of Desiree Davis, TREC License #0995695418, Diamond Realty & Associates.

About This Home

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.

Facts & Features

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