2515 Vance AveAlexandriaLA71301
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
Investment Highlights
Investment property for sale in Alexandria at 2515 Vance Ave, Alexandria, LA, 71301 earns $541/mo cash flow from $2,831/mo rent with a $1,738/mo payment. Total monthly income totals $2,831/mo, and annual cash flow totals $6,495/yr on $117,683 capital. ROI tracks 25.43% on current figures, and rental yield reads 9.57% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 132.81% and total cumulative return in cash sums $156,300. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,831/mo property income instead of your personal income.
Single Family
Built in 1937
0.52 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jack Ussery • BERKSHIRE HATHAWAY HOME SERVICES-ALLY REAL ESTATE
Mls Name: GCLRA
Mls Provider:
Mls ID: #2521526
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.