322 Coleman RdAlexander 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 322 Coleman Rd, Alexander City, AL, 35010 priced at $995,000 pairs $1,579/mo rent with after a $4,870/mo payment. Total monthly income equals $1,579/mo. Return on cash invested is 5.26% in year one, and rental yield stands at 1.9% on a $995,000 basis. Equity gained on principal adds $6,421/yr, and 5% annual appreciation accumulates to $274,900 by year five. Five-year ROI measures 23.53% and total cumulative return in cash reaches $77,034. For financing, Ziffy Mortgage’s DSCR program evaluates $1,579/mo property income against a $4,870/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.65 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: Abbie G. Pearson • Berkshire Hathaway Home Services Preferred Real Estate
Mls Name: LMMLS
Mls ID: #25-2462