163 Magnolia Estates DrAlexander 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 163 Magnolia Estates Dr, Alexander City, AL, 35010 with 5% annual appreciation on a $389,900 basis while $2,233/mo rent supports operations. Total monthly income totals $2,233/mo and a $1,908/mo payment preserves $33/mo for cash returns. Annual cash flow comes to $391/yr on $129,252 deployed, and return on cash invested reaches 20.21% in year one. Equity gained on principal adds $2,516/yr, and five-year appreciation sums $107,722 alongside rental yield of 6.87%. Five-year ROI measures 103.75% and total cumulative return in cash totals $134,101.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,233/mo property income versus a $1,908/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
0.38 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: Amy Green • RealtySouth Chelsea Branch
Mls Name: GALMLS
Mls Provider:
Mls ID: #21427011
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.