179 Idlewood CirAlexandriaAL36250
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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
Rental property for sale in Alexandria at 179 Idlewood Cir, Alexandria, AL, 36250 priced at $405,000 converts $834/mo rent into after a $1,982/mo obligation. Total monthly income equals $834/mo. Return on cash invested prints 6.93% in year one, and rental yield reads 2.47% against a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation compiles into $111,894 by year five. Five-year ROI reaches 32.56% and total cumulative return in cash sums $43,718. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $834/mo property income covering a $1,982/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36250, Alexandria, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,701 (100%) |
| Owner Occupied HU | 1,370 (80.5%) |
| Renter Occupied HU | 225 (13.2%) |
| Vacant Housing Units | 106 ( 6.2%) |
| Median Home Value | $187,563 |
| Average Home Value | $202,874 |
Housing Distribution
Address Breakdown
Residential
1,759
Single Family
1,759
Multi-Family
0
Businesses
187
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Listed by: Ruth Covington • Keller Williams Realty Group
Mls Name: GALMLS
Mls Provider:
Mls ID: #21419028
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.