3011 Grace Harper 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
Investment property for sale in Bossier City at 3011 Grace Harper Dr, Bossier City, LA, 71112 listed at $275,000 pairs $2,496/mo rent with a $1,346/mo payment to leave $793/mo cash flow. Total monthly income runs $2,496/mo, and annual cash flow reaches $9,510/yr on $91,163 cash to close. Return on cash invested measures 30.34% in year one, and rental yield registers 10.89% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 158.8% and total cumulative return in cash totals $144,767. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,496/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
7,230 sqft 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: Heather Brinkley • Better Homes And Gardens RE Lindsey Realty
Mls Name: NTREIS
Mls ID: #21152279