213 Mark StAlexandriaLA71303
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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 213 Mark St, Alexandria, LA, 71303 generates $1,346/mo in rent and, after a $758/mo payment, leaves $387/mo in cash flow. Total monthly income is $1,346/mo, and annual cash flow is $4,640/yr on $51,349 invested. Return on cash invested sits at 28.94% in year one, and rental yield is 10.43% on a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 151.33% and total cumulative return in cash sums $77,708. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,346/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.28 Acres lot
$N/A/sqft
No 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
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Listed by: Marilyn Edwards • LOUISIANA LAGNIAPPE REALTY, LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2496893
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.