1960 Alexis RdCentreAL35960
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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 Centre at 1960 Alexis Rd, Centre, AL, 35960 earns $263/mo cash flow from $969/mo rent with a $611/mo payment. Total monthly income totals $969/mo, and annual cash flow totals $3,158/yr on $41,404 capital. ROI tracks 27.54% on current figures, and rental yield reads 9.31% at a $124,900 purchase. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 over five years. Five-year ROI reaches 143.14% and total cumulative return in cash sums $59,266. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $969/mo property income instead of your personal income.
Single Family
Built in 1950
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35960, Centre, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,915 (100%) |
| Owner Occupied HU | 3,169 (53.6%) |
| Renter Occupied HU | 935 (15.8%) |
| Vacant Housing Units | 1,811 (30.6%) |
| Median Home Value | $248,768 |
| Average Home Value | $313,077 |
Housing Distribution
Address Breakdown
Residential
4,738
Single Family
4,590
Multi-Family
148
Businesses
496
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Listed by: Susin Herod • American Real Estate
Mls Name: GALMLS
Mls Provider:
Mls ID: #21426559
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.