1414 Creek RdAlexander CityAL35010
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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
Rental property for sale in Alexander City at 1414 Creek Rd, Alexander City, AL, 35010 priced at $310,000 pairs $2,472/mo rent with $723/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,472/mo, and annual cash flow comes to $8,670/yr on $102,765 invested. Return on cash invested is 28.35% in year one, and rental yield stands at 9.57% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 147.4% and total cumulative return in cash reaches $151,471. For financing, Ziffy Mortgage’s DSCR program evaluates $2,472/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
1.37 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: James N Cleveland, Jr. • Lake Martin Realty - Willow Point
Mls Name: LMMLS
Mls ID: #26-59