502 Springfield CirBossier 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 502 Springfield Cir, Bossier City, LA, 71112 earns $720/mo cash flow from $2,455/mo rent with a $1,321/mo payment. Total monthly income totals $2,455/mo, and annual cash flow totals $8,644/yr on $89,472 capital. ROI tracks 29.57% on current figures, and rental yield reads 10.92% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 155% and total cumulative return in cash sums $138,678. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,455/mo property income instead of your personal income.
Single Family
Built in 2007
8,276 sqft lot
$N/A/sqft
$65 quarterly 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: Stephanie Stuart • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20875430
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.