Side-by-side comparison of Alexandria, LA and Fort Polk South, LA — cap rates, rent, prices, and investment metrics.
Cash flow: Fort Polk South has the edge with an estimated cap rate of 7.27% compared to Alexandria's 5.80%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $160,000 in Alexandria vs $160,000 in Fort Polk South, while rents come in at $1,020/mo and $1,230/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.
Growth & appreciation: Alexandria is growing faster at 0.3% annually vs Fort Polk South's 0.3%. Alexandria leads on home value appreciation at 2.1% per year.
Costs & risk: Property taxes are 0.54% in Alexandria vs 0.54% in Fort Polk South. Vacancy rates of 6.7% and 6.7% are mixed — Fort Polk South has the tighter rental market.
Entry point: Alexandria offers a lower entry at $160K vs Fort Polk South's $160K — a difference of $0. With a 20% down payment, that's $32K vs $32K. Fort Polk South's higher price may be justified by better market fundamentals.
Bottom line: Fort Polk South edges out Alexandria on most key metrics. With a 7.27% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Alexandria or Fort Polk South.