1615 Success 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 1615 Success St, Bossier City, LA, 71112 uses $62,654 cash to close to unlock $5,776/yr annual cash flow and $481/mo monthly cash flow. Total monthly income runs $1,652/mo, and a $925/mo payment keeps the spread at $481/mo. Purchase price stands at $189,000, and rental yield measures 10.49% with $1,652/mo rent. Return on cash invested shows 29.13% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 152.36% and total cumulative return in cash records $95,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,652/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.27 Acres 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: Shane Cheatham • 318 Real Estate L.L.C.
Mls Name: NTREIS
Mls ID: #21075378