805 Rampart StAlexandriaLA71302
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
Rental property for sale in Alexandria at 805 Rampart St, Alexandria, LA, 71302 offers $1,297/mo rent that, after a $710/mo payment, leaves $399/mo cash flow. Total monthly income is $1,297/mo, and annual cash flow is $4,782/yr on $48,068 cash. Return on cash invested measures 29.86% in year one, and rental yield stands at 10.73% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 156.22% and total cumulative return in cash reaches $75,092. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,297/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
6,098 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: Candy Ross • Better Homes & Gardens Real Estate Rhodes Realty
Mls Name: GCLRA
Mls ID: #2498878