77 Waters Edge WayAlpineAL35014
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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 77 Waters Edge Way, Alpine, AL, 35014 priced at $1,390,000 converts $4,666/mo rent into after a $6,803/mo obligation. Total monthly income equals $4,666/mo. Return on cash invested prints 11.9% in year one, and rental yield reads 4.03% against a $1,390,000 entry. Equity gained on principal adds $8,969/yr, while 5% annual appreciation compiles into $384,031 by year five. Five-year ROI reaches 59.05% and total cumulative return in cash sums $265,944. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,666/mo property income covering a $6,803/mo payment, not borrower’s personal income.
Single Family
Built in 2006
1 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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