3636 Greenacres Dr SUITE 134Bossier 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
Total monthly income runs $906/mo, and a $587/mo payment. Purchase price stands at $120,000, and rental yield measures 9.06% with $906/mo rent. Return on cash invested shows 17.16% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 90.91% and total cumulative return in cash records $36,163. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $906/mo property income covering a $587/mo payment rather than investor’s personal income.
Condo
Built in 2004
927.83 sqft lot
$N/A/sqft
$254 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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Listed by: Paul Bratlie • RE/MAX Real Estate Services
Mls Name: NTREIS
Mls ID: #20914277
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