557 Melanie LnAlexandriaAL36250
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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 Alexandria at 557 Melanie Ln, Alexandria, AL, 36250 offers a 4.35% rental yield on a $229,900 purchase with $834/mo rent. 61% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 63.01% and total cumulative return in cash at $48,023. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $834/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36250, Alexandria, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,701 (100%) |
| Owner Occupied HU | 1,370 (80.5%) |
| Renter Occupied HU | 225 (13.2%) |
| Vacant Housing Units | 106 ( 6.2%) |
| Median Home Value | $187,563 |
| Average Home Value | $202,874 |
Housing Distribution
Address Breakdown
Residential
1,759
Single Family
1,759
Multi-Family
0
Businesses
187
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Listed by: Kayla Locklear • ERA King Real Estate
Mls Name: GALMLS
Mls ID: #21440105