1004 Traditions LoopAlexandriaLA71303
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 1004 Traditions Loop, Alexandria, LA, 71303 in Alexandria is a conservative rental investment at $388,920. Rental yield 6.02%. A 1.11 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $107,451; $3,582/yr in principal paydown supplements. Total projected return: $108,475.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.2% |
| Monthly Cash Flow | $(617) | $350 |
City averages based on Alexandria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,950 |
| Total Monthly Debt Service | $2,413 |
| DSCR Ratio | 0.81x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
6,534 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71303, Alexandria, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,159 (100%) |
| Owner Occupied HU | 5,516 (54.3%) |
| Renter Occupied HU | 3,475 (34.2%) |
| Vacant Housing Units | 1,168 (11.5%) |
| Median Home Value | $256,404 |
| Average Home Value | $275,068 |
Housing Distribution
Address Breakdown
Residential
9,932
Single Family
8,197
Multi-Family
1,735
Businesses
1,122
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
Single Family
Built in 2023
6,534 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71303, Alexandria, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,159 (100%) |
| Owner Occupied HU | 5,516 (54.3%) |
| Renter Occupied HU | 3,475 (34.2%) |
| Vacant Housing Units | 1,168 (11.5%) |
| Median Home Value | $256,404 |
| Average Home Value | $275,068 |
Housing Distribution
Address Breakdown
Residential
9,932
Single Family
8,197
Multi-Family
1,735
Businesses
1,122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Buck Holt • LATTER AND BLUM Central Realty LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2509186
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.