3634 Greenacres Dr #241Bossier 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 3634 Greenacres Dr #241, Bossier City, LA, 71112 uses $56,322 cash to close to unlock $1,610/yr annual cash flow and $134/mo monthly cash flow. Total monthly income runs $1,187/mo, and a $832/mo payment keeps the spread at $134/mo. Purchase price stands at $169,900, and rental yield measures 8.38% with $1,187/mo rent. Return on cash invested shows 22.77% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 118.27% and total cumulative return in cash records $66,614. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,187/mo property income covering a $832/mo payment rather than investor’s personal income.
Townhouse
Built in 1986
1,054 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: Jenny Spivey • East Bank Real Estate
Mls Name: NTREIS
Mls ID: #21029423