358 Lakeview 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 358 Lakeview Rd, Alexander City, AL, 35010 generates $810/mo in rent, after a $3,079/mo payment. Total monthly income is $810/mo. Return on cash invested sits at 4.17% in year one, and rental yield is 1.55% on a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 17.68% and total cumulative return in cash sums $36,597. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $810/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
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: Brian Bentley • RealtySouth-Inverness Office
Mls Name: GALMLS
Mls Provider:
Mls ID: #21415319
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.