3513 Hanover 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 3513 Hanover Dr, Bossier City, LA, 71111 offers a 10.17% rental yield on a $284,700 purchase with $2,414/mo rent. Total monthly income registers $2,414/mo, and a $1,393/mo payment leaves $555/mo available for distribution. Annual cash flow reaches $6,661/yr on $94,378 to close, and return on cash invested stands at 26.97% in year one. Equity gained on principal adds $1,837/yr while 5% annual appreciation supports $78,657 over five years. Portfolio math shows five-year ROI at 141.17% and total cumulative return in cash at $133,232. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,414/mo property income against a $1,393/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
1 Acres lot
$N/A/sqft
$60 monthly 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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