1915 Citizens Bank DrBossier CityLA71111
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
Investment Highlights
Investment property for sale in Bossier City at 1915 Citizens Bank Dr, Bossier City, LA, 71111 uses $119,340 cash to close to unlock $9,688/yr annual cash flow and $807/mo monthly cash flow. Total monthly income runs $3,187/mo, and a $1,762/mo payment keeps the spread at $807/mo. Purchase price stands at $360,000, and rental yield measures 10.62% with $3,187/mo rent. Return on cash invested shows 28.03% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 146.95% and total cumulative return in cash records $175,365. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,187/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A 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
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Listed by: Andrew Cordaro • Coldwell Banker Commercial Apex Realtors
Mls Name: Coldwell Banker Apex, Realtors
Mls Provider:
Mls ID: #21006930