1806 Plantation DrAlexandriaLA71301
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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
Rental property for sale in Alexandria at 1806 Plantation Dr, Alexandria, LA, 71301 priced at $167,900 pairs $1,082/mo rent with $42/mo cash flow after a $822/mo payment. Total monthly income equals $1,082/mo, and annual cash flow comes to $501/yr on $55,659 invested. Return on cash invested is 20.81% in year one, and rental yield stands at 7.73% on a $167,900 basis. Equity gained on principal adds $1,083/yr, and 5% annual appreciation accumulates to $46,388 by year five. Five-year ROI measures 107.71% and total cumulative return in cash reaches $59,950. For financing, Ziffy Mortgage’s DSCR program evaluates $1,082/mo property income against a $822/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71301, Alexandria, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,873 (100%) |
| Owner Occupied HU | 4,024 (40.8%) |
| Renter Occupied HU | 4,255 (43.1%) |
| Vacant Housing Units | 1,594 (16.1%) |
| Median Home Value | $182,872 |
| Average Home Value | $241,638 |
Housing Distribution
Address Breakdown
Residential
8,481
Single Family
7,878
Multi-Family
603
Businesses
1,495
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Listed by: Richard Beck • KELLER WILLIAMS REALTY CENLA PARTNERS
Mls Name: GCLRA
Mls Provider:
Mls ID: #2471256
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.