238 Cullom DrBossier 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 238 Cullom Dr, Bossier City, LA, 71112 at $335,000 posts ROI 27.66% with $717/mo cash flow from $2,827/mo rent. Total monthly income equals $2,827/mo, and annual cash flow records $8,606/yr on $111,053 to close. Return on cash invested measures 27.66% and rental yield reads 10.13% at the current $335,000. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 by year five. Five-year ROI prints 144.57% and total cumulative return in cash totals $160,544.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,827/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
$412 annually 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: Carlton Holland • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20899465
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.