3867 Cowpens RdAlexander CityAL35010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Alexander City at 3867 Cowpens Rd, Alexander City, AL, 35010 offers a 7.08% rental yield on a $220,000 purchase with $1,298/mo rent. Total monthly income registers $1,298/mo, and a $1,077/mo payment leaves $56/mo available for distribution. Annual cash flow reaches $672/yr on $72,930 to close, and return on cash invested stands at 20.83% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 107.03% and total cumulative return in cash at $78,059. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,298/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
15 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy S Fuller • Key To Lake Martin & Surrounding Areas
Mls Name: LMMLS
Mls ID: #26-18