213 Norwell LnBossier 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
Rental property for sale in Bossier City at 213 Norwell Ln, Bossier City, LA, 71111 priced at $261,980 converts $2,100/mo rent into $447/mo cash flow after a $1,282/mo obligation. Total monthly income equals $2,100/mo, and annual cash flow totals $5,369/yr on $86,846 invested. Return on cash invested prints 26.09% in year one, and rental yield reads 9.62% against a $261,980 entry. Equity gained on principal adds $1,691/yr, while 5% annual appreciation compiles into $72,380 by year five. Five-year ROI reaches 136.19% and total cumulative return in cash sums $118,275. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,100/mo property income covering a $1,282/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
$180 semi-annually 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: Saun Sullivan • Cicero Realty LLC
Mls Name: NTREIS
Mls ID: #20964846
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.