508 N Central AveAlexander 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
Investment property for sale in Alexander City at 508 N Central Ave, Alexander City, AL, 35010 earns $218/mo cash flow from $838/mo rent with a $538/mo payment. Total monthly income totals $838/mo, and annual cash flow totals $2,611/yr on $36,432 capital. ROI tracks 27.08% on current figures, and rental yield reads 9.15% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 140.62% and total cumulative return in cash sums $51,232. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $838/mo property income instead of your personal income.
Single Family
Built in 1960
9,147 sqft 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: Tyneshia Hasberry • Berryville Realty LLC.
Mls Name: MAAR
Mls ID: #581854