1329 N RdgAlexander 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 1329 N Rdg, Alexander City, AL, 35010 projects strong ROI of 12.24%. Rental yield 4.14%. With 5% annual appreciation, the property builds $961,239 in value over five years. Equity growth combined delivers a projected five-year ROI of 60.88%, translating into $686,248 in total cumulative return on $1,127,261 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2017
1.11 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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Listed by: Virginia M Pettus • Aronov Realty Brokerage - Lake Martin Division
Mls Name: LMMLS
Mls Provider:
Mls ID: #18-601
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.