347 Prien Lake LoopBossier 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 347 Prien Lake Loop, Bossier City, LA, 71111 uses $113,897 cash to close to unlock $5,683/yr annual cash flow and $474/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,682/mo payment keeps the spread at $474/mo. Purchase price stands at $343,582, and rental yield measures 9.22% with $2,640/mo rent. Return on cash invested shows 24.9% in year one, and 5% annual appreciation builds toward $94,925 over five years. Five-year ROI reaches 129.75% and total cumulative return in cash records $147,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,682/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
$453 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: Annalisa Giddens • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #20934534
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.