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Owner finance

$20,000

3812 Mayfield St

Shreveport, LA 71109

Beds3
Baths1
Sq ft984
Year built1950
Rent estimate$865/mo
Listed by

Karen Johnson, Epique Inc · (888) 893-3537

What the listing says

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.

See the original listing ↗

This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.

Property Details

Property Type

Single Family

Lot Size

5,619.24 sq ft

HOA

None

More owner-financed homes near Shreveport

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. The listing for this Shreveport, LA home mentions owner financing; confirm it with the seller.

Do I need good credit for owner financing?

There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.

How much is the down payment for this Shreveport home?

There is no standard down payment. The seller of this Shreveport home sets their own, and it is negotiable. Ask the seller or their agent.

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