2579 Broadway 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
Rental property for sale in Bossier City at 2579 Broadway Dr, Bossier City, LA, 71111 generates $1,012/mo in rent and, after a $516/mo payment, leaves $359/mo in cash flow. Total monthly income is $1,012/mo, and annual cash flow is $4,306/yr on $34,973 invested. Return on cash invested sits at 32.22% in year one, and rental yield is 11.51% on a $105,500 entry. Equity gained on principal adds $681/yr, while 5% annual appreciation builds toward $29,148 over five years. Five-year ROI reaches 168.86% and total cumulative return in cash sums $59,055. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,012/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
6,621 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: Denny Reedy • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21161469