3812 Mayfield St
Shreveport, LA 71109
3
Bedrooms
1
Bathrooms
984
Sq Ft
1950
Year Built
About This Property
Great addition to rental portfolio. . Rentometer estimates market rental rate as $900 per month. This makes for a great Cap rate!!! Some work needed to make it rentable. new ceiling fans and paint will go a long way toward making this a cozy home. Could be a good starter home The owner is a financial institution and would be willing to seller finance if the buyer meets their normal credit standards.
Property Details
Property Type
Single Family
Year Built
1950
Lot Size
5,619.24 sq ft
HOA
None
Listed Price
$20,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Shreveport
What is owner financing for 3812 Mayfield St?
Owner financing means the seller of 3812 Mayfield St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Shreveport, LA is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Shreveport home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Shreveport property.