650 Glenvale RdAlexandriaAL36250
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
Investment property for sale in Alexandria at 650 Glenvale Rd, Alexandria, AL, 36250 listed at $469,900 pairs $834/mo rent with a $2,300/mo payment. Total monthly income runs $834/mo. Return on cash invested measures 5.9% in year one, and rental yield registers 2.13% at a $469,900 basis. Equity gained on principal adds $3,032/yr, and annual property appreciation at 5% supports $129,825 by year five. Five-year ROI tracks 27.01% and total cumulative return in cash totals $42,074. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $834/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
4.87 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Strickland • Keller Williams Realty Group
Mls Name: GALMLS
Mls Provider:
Mls ID: #21423618
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.