2004 Roanoke StAlexandriaLA71301
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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 Alexandria at 2004 Roanoke St, Alexandria, LA, 71301 at $163,900 posts ROI 25.43% with $250/mo cash flow from $1,265/mo rent. Total monthly income equals $1,265/mo, and annual cash flow records $2,999/yr on $54,333 to close. Return on cash invested measures 25.43% and rental yield reads 9.26% at the current $163,900. Equity gained on principal adds $1,058/yr, and 5% annual appreciation supports $45,283 by year five. Five-year ROI prints 132.45% and total cumulative return in cash totals $71,966.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,265/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.26 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: BRENDA LUTTGEHARM • CENTURY 21 BUELOW-MILLER REALTY
Mls Name: GCLRA
Mls ID: #2530210