2611 Plantation 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 2611 Plantation Dr, Bossier City, LA, 71111 priced at $209,000 converts $1,684/mo rent into $389/mo cash flow after a $1,023/mo obligation. Total monthly income equals $1,684/mo, and annual cash flow totals $4,672/yr on $69,284 invested. Return on cash invested prints 26.65% in year one, and rental yield reads 9.67% against a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation compiles into $57,743 by year five. Five-year ROI reaches 139.05% and total cumulative return in cash sums $96,338. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,684/mo property income covering a $1,023/mo payment, not borrower’s personal income.
Single Family
Built in 1956
10,541 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: Vikki Smith • 318 Real Estate L.L.C.
Mls Name: NTREIS
Mls ID: #20924680
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.