1415 Preston CtBossier CityLA71111
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1415 Preston Ct, Bossier City, LA, 71111 in Bossier City at $263,670 earns $1,771/mo in rent and nets $138/mo after the $1,186/mo payment, a 8.06% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $72,847 over five years. Ziffy Mortgage underwrites this on a 1.49 DSCR without U.S. credit history. With $2,428/yr in principal paydown, total projected return reaches $108,866.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.2% |
| Monthly Cash Flow | $138 | $450 |
City averages based on Bossier City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,771 |
| Total Monthly Debt Service | $1,528 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1984
0.29 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1984
0.29 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11594477