2113 Clovis StBossier CityLA71111
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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 2113 Clovis St, Bossier City, LA, 71111 offers a 9.34% rental yield on a $197,500 purchase with $1,537/mo rent. Total monthly income registers $1,537/mo, and a $967/mo payment leaves $284/mo available for distribution. Annual cash flow reaches $3,404/yr on $65,471 to close, and return on cash invested stands at 25.11% in year one. Equity gained on principal adds $1,274/yr while 5% annual appreciation supports $54,566 over five years. Portfolio math shows five-year ROI at 130.94% and total cumulative return in cash at $85,731. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,537/mo property income against a $967/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.28 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
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Listed by: Stephenie Sims • Pelican Realty Advisors
Mls Name: NTREIS
Mls ID: #20991845
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.