63 Waters Edge DrAlpineAL35014
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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
Rental property for sale in Alpine at 63 Waters Edge Dr, Alpine, AL, 35014 priced at $704,900 pairs $4,499/mo rent with $520/mo cash flow after a $3,450/mo payment. Total monthly income equals $4,499/mo, and annual cash flow comes to $6,244/yr on $231,912 invested. Return on cash invested is 22.75% in year one, and rental yield stands at 7.66% on a $704,900 basis. Equity gained on principal adds $4,549/yr, and 5% annual appreciation accumulates to $194,751 by year five. Five-year ROI measures 117.34% and total cumulative return in cash reaches $272,130. For financing, Ziffy Mortgage’s DSCR program evaluates $4,499/mo property income against a $3,450/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35014, Alpine, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,362 (71.6%) |
| Renter Occupied HU | 261 (13.7%) |
| Vacant Housing Units | 280 (14.7%) |
| Median Home Value | $170,280 |
| Average Home Value | $277,212 |
Housing Distribution
Address Breakdown
Residential
1,718
Single Family
1,718
Multi-Family
0
Businesses
54
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