7788 State Highway 431AlexandriaAL36250
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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 Alexandria at 7788 State Highway 431, Alexandria, AL, 36250 generates $1,211/mo in rent, after a $1,610/mo payment. Total monthly income is $1,211/mo. Return on cash invested sits at 12.8% in year one, and rental yield is 4.42% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 64.06% and total cumulative return in cash sums $69,861. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,211/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.45 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
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Nearby investment properties with comparable prices
Listed by: John Blackwell • Impact Realty, LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #1821555
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2024 Valley MLS