112 Summit DrBossier CityLA71111
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Bossier City at 112 Summit Dr, Bossier City, LA, 71111 priced at $314,000 pairs $2,501/mo rent with $543/mo cash flow after a $1,537/mo payment. Total monthly income equals $2,501/mo, and annual cash flow comes to $6,520/yr on $104,091 invested. Return on cash invested is 26.17% in year one, and rental yield stands at 9.56% on a $314,000 basis. Equity gained on principal adds $2,026/yr, and 5% annual appreciation accumulates to $86,752 by year five. Five-year ROI measures 136.52% and total cumulative return in cash reaches $142,107. For financing, Ziffy Mortgage’s DSCR program evaluates $2,501/mo property income against a $1,537/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.28 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71111, Bossier City, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,448 (100%) |
| Owner Occupied HU | 10,533 (51.5%) |
| Renter Occupied HU | 7,988 (39.1%) |
| Vacant Housing Units | 1,927 ( 9.4%) |
| Median Home Value | $277,864 |
| Average Home Value | $323,509 |
Housing Distribution
Address Breakdown
Residential
19,437
Single Family
14,624
Multi-Family
4,813
Businesses
2,115
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Listed by: Opha Phillips • East Bank Real Estate
Mls Name: NTREIS
Mls ID: #20701594
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.