241 Longhorn DrBossier CityLA71112
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
Rental property for sale in Bossier City at 241 Longhorn Dr, Bossier City, LA, 71112 priced at $209,999 pairs $1,900/mo rent with $599/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,900/mo, and annual cash flow comes to $7,188/yr on $69,615 invested. Return on cash invested is 30.23% in year one, and rental yield stands at 10.86% on a $209,999 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 158.2% and total cumulative return in cash reaches $110,127. For financing, Ziffy Mortgage’s DSCR program evaluates $1,900/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2000
2.19 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nathaly Sanchez-Vargas • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #21119484