40 Wheeler StAlexander CityAL35010
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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
Rental property for sale in Alexander City at 40 Wheeler St, Alexander City, AL, 35010 priced at $207,500 pairs $1,534/mo rent with $362/mo cash flow after a $1,016/mo payment. Total monthly income equals $1,534/mo, and annual cash flow comes to $4,348/yr on $68,786 invested. Return on cash invested is 26.23% in year one, and rental yield stands at 8.87% on a $207,500 basis. Equity gained on principal adds $1,339/yr, and 5% annual appreciation accumulates to $57,328 by year five. Five-year ROI measures 136.07% and total cumulative return in cash reaches $93,599. For financing, Ziffy Mortgage’s DSCR program evaluates $1,534/mo property income against a $1,016/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
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: Shane Burns Associate Broker • SELLING LAKE MARTIN
Mls Name: LMMLS
Mls Provider:
Mls ID: #25-1738
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.