2235 Hill StAlexandriaLA71301
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 2235 Hill St, Alexandria, LA, 71301 in Alexandria: $1,499/mo in rent, $540/mo net, 11.68% gross yield, all on a $153,999 acquisition. The 2.17 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $42,547 in value, and $1,418/yr in principal paydown steadily builds equity. Projected total cumulative return: $93,505.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.2% |
| Monthly Cash Flow | $540 | $350 |
City averages based on Alexandria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,499 |
| Total Monthly Debt Service | $893 |
| DSCR Ratio | 1.68x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1936
7,625 sqft 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
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 1936
7,625 sqft 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
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: #2451907
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.