74 Lafayette StAlexander 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
Total monthly income runs $780/mo, and a $1,219/mo payment. Purchase price stands at $249,000, and rental yield measures 3.76% with $780/mo rent. Return on cash invested shows 10.81% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 53.39% and total cumulative return in cash records $44,072. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $780/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1940
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: lma.rets.wilsonb • East Dale Realty, Inc
Mls Name: LMMLS
Mls ID: #25-2008