5706 Lake Side 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 5706 Lake Side Dr, Bossier City, LA, 71111 uses $127,594 cash to close to unlock $843/yr annual cash flow and $70/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,884/mo payment keeps the spread at $70/mo. Purchase price stands at $384,900, and rental yield measures 8.23% with $2,640/mo rent. Return on cash invested shows 20.57% in year one, and 5% annual appreciation builds toward $106,341 over five years. Five-year ROI reaches 107.04% and total cumulative return in cash records $136,575. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.33 Acres lot
$N/A/sqft
No 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: Michelle Savage • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #21060199
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.