992 Clear Creek 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 992 Clear Creek Dr, Alpine, AL, 35014 generates $2,120/mo in rent, after a $2,934/mo payment. Total monthly income is $2,120/mo. Return on cash invested sits at 12.37% in year one, and rental yield is 4.24% on a $599,500 entry. Equity gained on principal adds $3,868/yr, while 5% annual appreciation builds toward $165,631 over five years. Five-year ROI reaches 61.68% and total cumulative return in cash sums $121,655. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,120/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
2 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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Listed by: Mary Lou Vonderau • RE/MAX Advantage South
Mls Name: GALMLS
Mls Provider:
Mls ID: #21421092
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.