1140 Elk DrAlexander CityAL35010
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
Investment property for sale in Alexander City at 1140 Elk Dr, Alexander City, AL, 35010 at $129,200 posts ROI 27.73% with $279/mo cash flow from $1,008/mo rent. Total monthly income equals $1,008/mo, and annual cash flow records $3,349/yr on $42,830 to close. Return on cash invested measures 27.73% and rental yield reads 9.36% at the current $129,200. Equity gained on principal adds $834/yr, and 5% annual appreciation supports $35,696 by year five. Five-year ROI prints 144.19% and total cumulative return in cash totals $61,756.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,008/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35010, Alexander City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,913 (100%) |
| Owner Occupied HU | 5,693 (52.2%) |
| Renter Occupied HU | 2,895 (26.5%) |
| Vacant Housing Units | 2,325 (21.3%) |
| Median Home Value | $146,379 |
| Average Home Value | $244,149 |
Housing Distribution
Address Breakdown
Residential
9,856
Single Family
9,322
Multi-Family
534
Businesses
699
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Nearby investment properties with comparable prices
Listed by: MICHAEL GAY • RE/MAX PROFESSIONAL PARTNERS
Mls Name: LCMLS
Mls ID: #174814