249 Auburn 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
Rental property for sale in Alexander City at 249 Auburn Dr, Alexander City, AL, 35010 offers $1,733/mo rent that, after a $1,219/mo payment, leaves $327/mo cash flow. Total monthly income is $1,733/mo, and annual cash flow is $3,927/yr on $82,544 cash. Return on cash invested measures 24.67% in year one, and rental yield stands at 8.35% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 127.68% and total cumulative return in cash reaches $105,392. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,733/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
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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Listed by: Amy O. Duncan • Lake Martin Realty - Willow Point
Mls Name: LMMLS
Mls ID: #25-2444