6019 Ellington WayBossier CityLA71111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6019 Ellington Way, Bossier City, LA, 71111 earns $659/mo cash flow from $2,332/mo rent with a $1,322/mo payment. Total monthly income totals $2,332/mo, and annual cash flow totals $7,908/yr on $89,505 capital. ROI tracks 28.74% on current figures, and rental yield reads 10.36% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 150.23% and total cumulative return in cash sums $134,461. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,332/mo property income instead of your personal income.
Single Family
Built in 1995
8,407 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremy Enfinger • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #21053942