5551 Downing St #5551AlexandriaLA71301
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 5551 Downing St #5551, Alexandria, LA, 71301 in Alexandria. At $120,000 it earns $1,020/mo in rent and distributes $277/mo to the owner after the $540/mo payment, a consistent 10.2% yield. DSCR 1.89 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $33,154 in value; $1,105/yr in principal paydown compounds ownership stake. Total projected return: $54,885.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $277 | $350 |
City averages based on Alexandria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,020 |
| Total Monthly Debt Service | $836 |
| DSCR Ratio | 1.22x |
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.
Condo
Built in 1983
N/A 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
Condo
Built in 1983
N/A 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: CANDACE SELMAN • Cypress Realty Of Louisiana
Mls Name: GCLRA
Mls Provider:
Mls ID: #2495313
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.