1904 Ray AveBossier 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 1904 Ray Ave, Bossier City, LA, 71112 earns $230/mo cash flow from $1,703/mo rent with a $1,164/mo payment. Total monthly income totals $1,703/mo, and annual cash flow totals $2,757/yr on $78,864 capital. ROI tracks 23.4% on current figures, and rental yield reads 8.59% at a $237,900 purchase. Equity gained on principal adds $1,535/yr, and 5% annual appreciation supports $65,727 over five years. Five-year ROI reaches 121.6% and total cumulative return in cash sums $95,895. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,703/mo property income instead of your personal income.
Single Family
Built in 1966
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: Thomas Attaway • Rachel & Co. Realty
Mls Name: NTREIS
Mls ID: #21117643