121 Grand View RdgAlpineAL35014
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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 Alpine at 121 Grand View Rdg, Alpine, AL, 35014 uses $122,655 cash to close to unlock $4,242/yr annual cash flow and $354/mo monthly cash flow. Total monthly income runs $2,516/mo, and a $1,811/mo payment keeps the spread at $354/mo. Purchase price stands at $370,000, and rental yield measures 8.16% with $2,516/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 120.95% and total cumulative return in cash records $148,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,516/mo property income covering a $1,811/mo payment rather than investor’s personal income.
Single Family
Built in 2001
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35014, Alpine, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,362 (71.6%) |
| Renter Occupied HU | 261 (13.7%) |
| Vacant Housing Units | 280 (14.7%) |
| Median Home Value | $170,280 |
| Average Home Value | $277,212 |
Housing Distribution
Address Breakdown
Residential
1,718
Single Family
1,718
Multi-Family
0
Businesses
54
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Listed by: Michael Bruno • RealtySouth-OTM-Acton Rd
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413367
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.