302 Greenacres BlvdBossier 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 302 Greenacres Blvd, Bossier City, LA, 71111 offers $3,233/mo rent that, after a $1,806/mo payment, leaves $947/mo cash flow. Total monthly income is $3,233/mo, and annual cash flow is $11,368/yr on $122,324 cash. Return on cash invested measures 29.2% in year one, and rental yield stands at 10.51% at a $369,000 entry. Equity gained on principal adds $2,381/yr while 5% annual appreciation compounds into $101,948 by year five. Five-year ROI records 152.7% and total cumulative return in cash reaches $186,783. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,233/mo property income versus a $1,806/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.35 Acres 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: Jeffrey Wyatt • Diamond Realty & Associates
Mls Name: NTREIS
Mls ID: #21102671