About 2909 Woodford Street
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.
Features of 2909 Woodford Street
| MLS® # | 21403645 |
|---|---|
| Price | $62,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,263 |
| Acres | 0.15 |
| Year Built | 1957 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 2909 Woodford Street |
|---|---|
| Subdivision | Parkhurst Add |
| City | Shreveport |
| County | Caddo |
| State | Louisiana |
| Zip Code | 71108-2046 |
Amenities
| Utilities | Cable Available, City Sewer, City Water |
|---|---|
| Garages | Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available |
|---|---|
| Fireplace | No |
School Information
| District | Caddo PSB |
|---|---|
| Elementary | Caddo ISD Schools |
| Middle | Caddo ISD Schools |
| High | Caddo ISD Schools |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Desiree Davis |
|---|---|
| Office | Diamond Realty & Associates |
| Contact Info | 318-746-0011 |
| Office Contact | 318-746-0011 |