3369 Grand Lake 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
Investment property for sale in Bossier City at 3369 Grand Lake Dr, Bossier City, LA, 71111 with 5% annual appreciation on a $266,237 basis while $2,100/mo rent supports operations. Total monthly income totals $2,100/mo and a $1,303/mo payment preserves $403/mo for cash returns. Annual cash flow comes to $4,838/yr on $88,258 deployed, and return on cash invested reaches 25.39% in year one. Equity gained on principal adds $1,718/yr, and five-year appreciation sums $73,556 alongside rental yield of 9.47%. Five-year ROI measures 132.53% and total cumulative return in cash totals $116,972.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,100/mo property income versus a $1,303/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
$573 annually 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: Tammi Montgomery • RE/MAX Real Estate Services
Mls Name: NTREIS
Mls ID: #20661901
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.