511 S 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 511 S Central Ave, Alexander City, AL, 35010 with 5% annual appreciation on a $228,000 basis while $1,741/mo rent supports operations. Total monthly income totals $1,741/mo and a $1,116/mo payment preserves $454/mo for cash returns. Annual cash flow comes to $5,448/yr on $75,582 deployed, and return on cash invested reaches 27.12% in year one. Equity gained on principal adds $1,471/yr, and five-year appreciation sums $62,992 alongside rental yield of 9.16%. Five-year ROI measures 140.77% and total cumulative return in cash totals $106,395.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,741/mo property income versus a $1,116/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
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: Linda Moore • Fuller Realty at Lake Martin, Inc.
Mls Name: LMMLS
Mls ID: #25-2401