1609 Northgate RdBossier 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 1609 Northgate Rd, Bossier City, LA, 71112 offers a 10.12% rental yield on a $193,900 purchase with $1,636/mo rent. Total monthly income registers $1,636/mo, and a $949/mo payment leaves $435/mo available for distribution. Annual cash flow reaches $5,219/yr on $64,278 to close, and return on cash invested stands at 28.03% in year one. Equity gained on principal adds $1,251/yr while 5% annual appreciation supports $53,571 over five years. Portfolio math shows five-year ROI at 146.38% and total cumulative return in cash at $94,093. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,636/mo property income against a $949/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
8,232 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: Brett Kerley • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #21080810