216 Norwell LnBossier CityLA71111
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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 216 Norwell Ln, Bossier City, LA, 71111 at $288,763 posts ROI 30.58% with $852/mo cash flow from $2,640/mo rent. Total monthly income equals $2,640/mo, and annual cash flow records $10,219/yr on $95,725 to close. Return on cash invested measures 30.58% and rental yield reads 10.97% at the current $288,763. Equity gained on principal adds $1,863/yr, and 5% annual appreciation supports $79,780 by year five. Five-year ROI prints 160.1% and total cumulative return in cash totals $153,252.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
5,662 sqft 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: Saun Sullivan • Cicero Realty LLC
Mls Name: NTREIS
Mls ID: #21024062