122 Ironwood 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
Investment property for sale in Bossier City at 122 Ironwood Dr, Bossier City, LA, 71111 earns $116/mo cash flow from $2,640/mo rent with a $1,977/mo payment. Total monthly income totals $2,640/mo, and annual cash flow totals $1,390/yr on $133,893 capital. ROI tracks 20.95% on current figures, and rental yield reads 7.84% at a $403,900 purchase. Equity gained on principal adds $2,606/yr, and 5% annual appreciation supports $111,590 over five years. Five-year ROI reaches 108.47% and total cumulative return in cash sums $145,240. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Single Family
Built in 2011
8,232 sqft lot
$N/A/sqft
$265 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: Danny Perdue • East Bank Real Estate
Mls Name: NTREIS
Mls ID: #20877847
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.