1333 Michael StBossier CityLA71112
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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 1333 Michael St, Bossier City, LA, 71112 uses $38,123 cash to close to unlock $2,190/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $895/mo, and a $563/mo payment keeps the spread at $183/mo. Purchase price stands at $115,000, and rental yield measures 9.34% with $895/mo rent. Return on cash invested shows 25.65% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 133.71% and total cumulative return in cash records $50,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $895/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71112, Bossier City, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,512 (100%) |
| Owner Occupied HU | 8,285 (57.1%) |
| Renter Occupied HU | 4,951 (34.1%) |
| Vacant Housing Units | 1,276 ( 8.8%) |
| Median Home Value | $201,812 |
| Average Home Value | $227,191 |
Housing Distribution
Address Breakdown
Residential
14,184
Single Family
12,954
Multi-Family
1,230
Businesses
742
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Listed by: Ashley Walker • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #21026413