35 Van Mol RdAlexandriaLA71302
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 35 Van Mol Rd, Alexandria, LA, 71302 in Alexandria is a conservative rental investment at $385,000. Rental yield 6.38%. A 1.18 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $106,368; $3,546/yr in principal paydown supplements. Total projected return: $124,228.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 6.2% |
| Monthly Cash Flow | $(339) | $350 |
City averages based on Alexandria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,046 |
| Total Monthly Debt Service | $2,232 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2001
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71302, Alexandria, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,259 (100%) |
| Owner Occupied HU | 3,014 (48.2%) |
| Renter Occupied HU | 2,361 (37.7%) |
| Vacant Housing Units | 884 (14.1%) |
| Median Home Value | $142,655 |
| Average Home Value | $173,565 |
Housing Distribution
Address Breakdown
Residential
5,648
Single Family
5,294
Multi-Family
354
Businesses
383
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 2001
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71302, Alexandria, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,259 (100%) |
| Owner Occupied HU | 3,014 (48.2%) |
| Renter Occupied HU | 2,361 (37.7%) |
| Vacant Housing Units | 884 (14.1%) |
| Median Home Value | $142,655 |
| Average Home Value | $173,565 |
Housing Distribution
Address Breakdown
Residential
5,648
Single Family
5,294
Multi-Family
354
Businesses
383
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cortney Alston • Ignite Realty
Mls Name: GCLRA
Mls ID: #2542120