1407 College StAlexander 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 1407 College St, Alexander City, AL, 35010 at $558,000 posts ROI 21.12% with $162/mo cash flow from $3,311/mo rent. Total monthly income equals $3,311/mo, and annual cash flow records $1,938/yr on $183,582 to close. Return on cash invested measures 21.12% and rental yield reads 7.12% at the current $558,000. Equity gained on principal adds $3,601/yr, and 5% annual appreciation supports $154,165 by year five. Five-year ROI prints 108.57% and total cumulative return in cash totals $199,309.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,311/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
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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Nearby investment properties with comparable prices
Listed by: Sherry Johnston • REMAX Around the Lake
Mls Name: LMMLS
Mls Provider:
Mls ID: #25-1682
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.