262 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
Rental property for sale in Bossier City at 262 Cullom Dr, Bossier City, LA, 71112 offers $3,194/mo rent that, after a $2,645/mo payment. Total monthly income is $3,194/mo. Return on cash invested measures 19.02% in year one, and rental yield stands at 7.09% at a $540,500 entry. Equity gained on principal adds $3,488/yr while 5% annual appreciation compounds into $149,330 by year five. Five-year ROI records 98.07% and total cumulative return in cash reaches $174,399. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,194/mo property income versus a $2,645/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.26 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
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Listed by: Chris Smith • 1 Percent Lists NWLA
Mls Name: NTREIS
Mls ID: #20922887
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.