1315 Parrish LoopAlexander CityAL35010
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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 Alexander City at 1315 Parrish Loop, Alexander City, AL, 35010 uses $63,449 cash to close to unlock $13,049/yr annual cash flow and $1,087/mo monthly cash flow. Total monthly income runs $2,168/mo, and a $937/mo payment keeps the spread at $1,087/mo. Purchase price stands at $191,400, and rental yield measures 13.59% with $2,168/mo rent. Return on cash invested shows 40.48% in year one, and 5% annual appreciation builds toward $52,880 over five years. Five-year ROI reaches 212.46% and total cumulative return in cash records $134,804. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,168/mo property income covering a $937/mo payment rather than investor’s personal income.
Single Family
Built in 1971
N/A 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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Listed by: N/A • N/A
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