5411 Richard Ave, Alexandria, LA, 71302 | 6.54% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,074/mo, and a $964/mo payment. Purchase price stands at $197,000, and rental yield measures 6.54% with $1,074/mo rent. Return on cash invested shows 17.22% in year one, and 5% annual appreciation builds toward $54,427 over five years. Five-year ROI reaches 88.44% and total cumulative return in cash records $57,758. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,074/mo property income covering a $964/mo payment rather than investor’s personal income.

Single Family

Built in 1961

0.27 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