OFF_MARKETGood Deal0 days on market

111 Providence Ridge Rd

111 Providence Ridge Rd, Alexander City, AL 35010, Alexander City, AL 35010
$399,000
Zestimate®:$402,600$3,600 Under Market

Listing Price

Property image 1
111 Providence Ridge Rd, Alexander City, AL 35010
Loc: Alexander City, AL
Days Listed
0
Tax Assessed
$220k
Zestimate®
$403k
1% Under Valued
Lot Size
10.00 acres
Rent Estimate
$2,107/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

William L Radney Elementary School

5-6
1.8 mi away
4

Alexander City Middle School

7-8
3.5 mi away
6

Benjamin Russell High School

9-12
3.2 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
6.25%
Total ROI
20.9%
Cash Flow
$61/mo
DSCR
1.03
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-16Sold$0
2026-03-12Contingent$399,000$218
2026-03-11Listed for sale$399,000$218

Tax History

YearProperty TaxTax Assessment
2025$1,343$44,060
2024$1,251$33,360
2023$525$14,000
2022$52.75$1,220
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,834
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $399,000Rent Basis: Observed Comp Model ($2,107/mo)State Tax Benchmark: 0.41% (AL)Hazard Reserve: $116/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.30%

NOI: $17,173/yr

Cash-on-Cash Yield
-8.4%

On $91,770 invested

DSCR Ratio
0.69x

Negative debt coverage

5-Yr Leveraged ROI
+52.4%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.41% of basis)-$75/mo
Homeowner / Hazard Insurance-$116/mo
Vacancy Reserve (5% of rent)-$105/mo
Repairs & Maintenance (10% of rent)-$211/mo
Property Management (8% of rent)-$169/mo
Total Pure Operating Expenses-$676/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,107/mo
Less: Operating Expenses-$676/mo
Net Operating Income (NOI)+$1,431/mo
Less: Debt Service (30yr @ 6.75%)-$2,070/mo
Net Cash Flow
$-639/mo
$-7,670/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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