5936 Alabama Dr #63Alexander 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
Total monthly income runs $780/mo, and a $1,615/mo payment. Purchase price stands at $330,000, and rental yield measures 2.84% with $780/mo rent. Return on cash invested shows 8.03% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 38.47% and total cumulative return in cash records $42,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $780/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1964
3.80 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: Ricky Fuller • Key To Lake Martin & Surrounding Areas
Mls Name: LMMLS
Mls ID: #26-11