2221 Robin Rd · Alexandria, LA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 8/10 · Major
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 8/10 · Major
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +8.8/10.0
- Livability +3.2/5.0
- Schools +3.1/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$128,500
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Centrally located just off of Lake Charles Highway (on side of Town & Country Meats) this property offers two subdivision lots and a Three Bedroom, 2 1/2 bath home. Enter from the carport and be welcomed by a large family room with a wood burning fireplace and 1/2 bath and storage. Step into the breakfast room and formal living room open to the kitchen with a breakfast bar and plenty of storage space for all your goodies. Step out the back door to another living space that could be a Mother In Law suite, a party room with laundry space and full bathroom and additional kitchen for baking or even a home based business!
Key facts
- Large family room
- Breakfast room
- Full bathroom
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $128k.
Deal economics
- At list price, monthly cash flow is $623 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $128k).
- Recommended offer: $113k (12.0% below list) — sets the bar for market timing.
- Cap rate 12.1% vs local median 4.9% in Alexandria — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 64/100 on livability (#160 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
- Rapides Parish (urban): math 29% / reading 44% proficiency, ranked #31 of 98 in LA (top 32%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: 151 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 239 units permitted in Rapides Parish in 2024 (0 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $888 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Rapides County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 231 days — a 12% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 231 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.38% ✓
- Cap rate
- 12.11%
- Cash-on-cash
- 20.79%
- DSCR
- 1.93
- GRM
- 6.1
CMA / ARV
- ARV (median comp)
- $206,035
- List price
- $128,500
- Delta
- -37.63%
- Verdict
- UNDERPRICED
- Comps
- 19 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5619 W Circle Dr | 0.34mi | 4/2.0 (+1) | 1,759 (+4%) | 2mo | $172,000 | $98 | 70 |
| 5707 Navaho Trl | 0.55mi | 3/2.0 | 1,742 (+3%) | 1mo | $309,900 | $178 | 68 |
| 5648 W Circle Dr | 0.25mi | 3/2.0 | 1,578 (-6%) | 23mo | $145,000 | $92 | 58 |
| 5547 North Dr | 0.64mi | 3/2.0 | 1,801 (+7%) | 3mo | $170,000 | $94 | 56 |
| 5732 Mildred Ave | 0.43mi | 3/2.0 | 1,936 (+15%) | 4mo | $244,900 | $126 | 52 |
| 2203 Magnolia Ln | 0.72mi | 4/2.0 (+1) | 1,795 (+6%) | 2mo | $42,500 | $24 | 49 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 13.1%
- Equity multiple
- 1.52×
- Total profit
- $18,834
- Equity at exit
- $19,160
- IRR
- 22.0%
- Equity multiple
- 2.87×
- Total profit
- $67,344
- Equity at exit
- $11,110
Cash invested: $35,980 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 90 Strongly Landlord-Friendly
- State Louisiana
- 90 Strongly Landlord-Friendly · R+12
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 71301
- Home prices YoY
- -23.0%
- Active inventory
- 151
- Price-to-rent
- 6.1×
Monthly cashflow live
- Estimated rent
- $1,769 medium interval (Pro) →
- Mortgage (P&I)
- −$674
- Tax from tax record
- −$47 /mo · $559/yr
- Insurance
- −$54
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$371
- Net cashflow
- $623
Break-even live
Sensitivity live
| Price | -10% $696 | -5% $660 | +0% $623 | +5% $587 | +10% $551 |
|---|---|---|---|---|---|
| Rent | -10% $484 | -5% $553 | +0% $623 | +5% $693 | +10% $763 |
| Rate | -1.0pp $688 | -0.5pp $656 | base $623 | +0.5pp $590 | +1.0pp $556 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $32,125
- Closing costs
- $3,855
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 3 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2608 Horseshoe Dr Alexandria, LA | 3.0 | 2.0 | 1700 | $2,200 | $1.29 | 45d | 1 | 0.44mi |
| 2020 Clover Ln Alexandria, LA | 3.0 | 2.0 | 1927 | $1,600 | $0.83 | 45d | 1 | 0.49mi |
| 5440 Downing St Alexandria, LA | 2.0–3.0 | 1.5–2.0 | 1090 | $985 | $0.90 | 45d | 4 | 0.75mi |
Listing history 18 events
-
2026-06-19days on market $128,500 Active 231 DOM
-
2026-06-18days on market $128,500 Active 230 DOM
-
2026-06-17days on market $128,500 Active 229 DOM
-
2026-06-16days on market $128,500 Active 228 DOM
-
2026-06-15days on market $128,500 Active 227 DOM
-
2026-06-09days on market $128,500 Active 226 DOM
-
2026-06-08days on market $128,500 Active 225 DOM
-
2026-06-07days on market $128,500 Active 224 DOM
-
2026-06-03days on market $128,500 Active 220 DOM
-
2026-06-02days on market $128,500 Active 219 DOM
-
2026-06-01days on market $128,500 Active 218 DOM
-
2026-05-31days on market $128,500 Active 217 DOM
-
2026-05-30days on market $128,500 Active 216 DOM
-
2026-05-15status Pending 628-char remark
Show marketing remark (628 chars)
Centrally located just off of Lake Charles Highway (on side of Town & Country Meats) this property offers two subdivision lots and a Three Bedroom, 2 1/2 bath home. Enter from the carport and be welcomed by a large family room with a wood burning fireplace and 1/2 bath and storage. Step into the breakfast room and formal living room open to the kitchen with a breakfast bar and plenty of storage space for all your goodies. Step out the back door to another living space that could be a Mother In Law suite, a party room with laundry space and full bathroom and additional kitchen for baking or even a home based business!
-
2026-04-06price $128,500 628-char remark
Show marketing remark (628 chars)
Centrally located just off of Lake Charles Highway (on side of Town & Country Meats) this property offers two subdivision lots and a Three Bedroom, 2 1/2 bath home. Enter from the carport and be welcomed by a large family room with a wood burning fireplace and 1/2 bath and storage. Step into the breakfast room and formal living room open to the kitchen with a breakfast bar and plenty of storage space for all your goodies. Step out the back door to another living space that could be a Mother In Law suite, a party room with laundry space and full bathroom and additional kitchen for baking or even a home based business!
-
2026-02-06price $132,500 628-char remark
Show marketing remark (628 chars)
Centrally located just off of Lake Charles Highway (on side of Town & Country Meats) this property offers two subdivision lots and a Three Bedroom, 2 1/2 bath home. Enter from the carport and be welcomed by a large family room with a wood burning fireplace and 1/2 bath and storage. Step into the breakfast room and formal living room open to the kitchen with a breakfast bar and plenty of storage space for all your goodies. Step out the back door to another living space that could be a Mother In Law suite, a party room with laundry space and full bathroom and additional kitchen for baking or even a home based business!
-
2025-12-04price $136,880 628-char remark
Show marketing remark (628 chars)
Centrally located just off of Lake Charles Highway (on side of Town & Country Meats) this property offers two subdivision lots and a Three Bedroom, 2 1/2 bath home. Enter from the carport and be welcomed by a large family room with a wood burning fireplace and 1/2 bath and storage. Step into the breakfast room and formal living room open to the kitchen with a breakfast bar and plenty of storage space for all your goodies. Step out the back door to another living space that could be a Mother In Law suite, a party room with laundry space and full bathroom and additional kitchen for baking or even a home based business!
-
2025-10-13$146,750 Active 628-char remark
Show marketing remark (628 chars)
Centrally located just off of Lake Charles Highway (on side of Town & Country Meats) this property offers two subdivision lots and a Three Bedroom, 2 1/2 bath home. Enter from the carport and be welcomed by a large family room with a wood burning fireplace and 1/2 bath and storage. Step into the breakfast room and formal living room open to the kitchen with a breakfast bar and plenty of storage space for all your goodies. Step out the back door to another living space that could be a Mother In Law suite, a party room with laundry space and full bathroom and additional kitchen for baking or even a home based business!
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast LA · Resets to sale price
- Current annual tax
- $559 · $47/mo
- Projected year-2 tax
- $707 · $59/mo
- Expected delta
- +$148/yr (+$12/mo · 26.5%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 8/10 Severe 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
- Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,225
- − Mortgage interest
- −$7,198
- − Property taxes
- −$559
- − Insurance
- −$642
- − Repairs & maintenance
- −$1,698
- − Management
- −$1,698
- − Depreciation
- −$3,738
- Taxable income
- $5,691
- Est. tax owed @ 24.0%
- −$1,366
- After-tax cash flow
- $6,114/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Rapides Parish
- NCES district ID
- 2201290
- Math proficiency
- 29% ▼ -34.00%
- Reading proficiency
- 44% ▼ -29.00%
- Median HH income
- $41,057
- Composite
- 30.68/100
- National rank
- #6179
- State rank
- #31 of 98 in LA
Livability — Alexandria
- Score
- 64/100
- State rank
- #160
- US rank
- #13698
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Alexandria, LA
- City population
- 25,138
- Population (ZIP)
- 17,266
Population outlook (Rapides County) Hauer SSP2
- Today (2025)
- 133,047 people
- By 2030
- 132,333 · -0.5%
- By 2040
- 129,355 · -2.8%
- By 2050
- 124,535 · -6.4%
- By 2075
- 110,338 · -17.1%
- By 2100
- 88,641 · -33.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.58)
- Race & ethnicity
- Black 53% White 36% Hispanic / Latino 4% Two or more races 3% Asian 2%
- Common ancestry
- Lithuanian 5% Portuguese 1% Hispanic 1%
- Foreign-born
- 6% · Canada, Vietnam
- Languages at home
- 93% English-only · Spanish 3% Other Asian/Pacific 2% French/Haitian/Cajun 1%
Political lean MEDSL · Rapides
- 2024 margin
- Solid R (+36.8) · D 31.0% · R 67.7% · Other 1.3%
- 2008→2024 swing
- -8.1pp toward R · 2008: -28.7pp · 2024: -36.8pp
- All cycles
- 2024: R+36.8 2020: R+32.1 2016: R+32.5 2012: R+29.6 2008: R+28.7
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -55.38%
- Current HPI
- 184.9889
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 3.29%
- F500 in state
- 10
Industry mix (Fortune 500 HQ in LA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Telecommunications | 2 | $23B |
|
||
| Utilities | 1 | $12B |
|
||
| Wholesale / Distribution | 1 | $5B |
|
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| Advertising | 1 | $2B |
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Price history
-12.4% since first listed5 events — show timeline
- 2026-05-15 Pending — AcadianaMLS
- 2026-04-06 Price Changed $128,500 AcadianaMLS
- 2026-02-06 Price Changed $132,500 AcadianaMLS
- 2025-12-04 Price Changed $136,880 AcadianaMLS
- 2025-10-13 Listed $146,750 AcadianaMLS
Property tax history
+0.1%/yrLatest (2025): $559 · -26.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…