624 Avoyelles DrAlexandriaLA71302
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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
Rental property for sale in Alexandria at 624 Avoyelles Dr, Alexandria, LA, 71302 priced at $124,500 pairs $935/mo rent with $164/mo cash flow after a $609/mo payment. Total monthly income equals $935/mo, and annual cash flow comes to $1,970/yr on $41,272 invested. Return on cash invested is 24.68% in year one, and rental yield stands at 9.01% on a $124,500 basis. Equity gained on principal adds $803/yr, and 5% annual appreciation accumulates to $34,397 by year five. Five-year ROI measures 128.58% and total cumulative return in cash reaches $53,068. For financing, Ziffy Mortgage’s DSCR program evaluates $935/mo property income against a $609/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
7,056 sqft 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
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Listed by: Brittany Vaughn • KELLER WILLIAMS REALTY CENLA PARTNERS
Mls Name: GCLRA
Mls ID: #2525993