2515 Northside DrBossier 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 2515 Northside Dr, Bossier City, LA, 71111 earns $570/mo cash flow from $1,592/mo rent with a $808/mo payment. Total monthly income totals $1,592/mo, and annual cash flow totals $6,834/yr on $54,698 capital. ROI tracks 32.4% on current figures, and rental yield reads 11.58% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 169.89% and total cumulative return in cash sums $92,927. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,592/mo property income instead of your personal income.
Single Family
Built in 1954
10,802 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: Victoria Pickard • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #20793762
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.