OFF_MARKETRisky Deal77 days on market

380 Paddock Point

380 Paddock Point, Alexander City, AL 35010, Alexander City, AL 35010
$5,500,000
Zestimate®:$5,122,600

Listing Price

Property image 1
380 Paddock Point, Alexander City, AL 35010
Loc: Alexander City, AL
Days Listed
77
Tax Assessed
$1419k
Zestimate®
$5123k
Market Rate
Lot Size
2.10 acres
Rent Estimate
$3,411/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.

9

Eclectic Middle School

5-8
9.3 mi away
8

Elmore Co High School

9-12
9.5 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
0.32%
Total ROI
-8.7%
Cash Flow
$-26,350/mo
DSCR
0.05
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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
2026-05-04Sold$0
2026-03-18Contingent$5,500,000
2026-02-08Listed for sale$5,500,000
2026-02-08Contingent$5,500,000
2025-12-24Listed for sale$5,500,000
2017-05-04Sold$325,000
2015-08-18Sold$1,185,675
2015-07-09Sold$0

Tax History

YearProperty TaxTax Assessment
2025$3,548.5$141,940
2024$7,076$283,040
2023$7,106.5$284,260
2022$6,167.5$246,700
2021$6,191.5$247,660
2020$6,196$247,840
2018$5,924.5$236,980
2017$5,974.5$247,360
2016$3,195$127,800
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
6
Baths
7
Sq Ft
0
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: $5,500,000Rent Basis: Observed Comp Model ($3,411/mo)State Tax Benchmark: 0.41% (AL)Hazard Reserve: $1,604/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
0.12%

NOI: $6,450/yr

Cash-on-Cash Yield
-26.6%

On $1,265,000 invested

DSCR Ratio
0.02x

Negative debt coverage

5-Yr Leveraged ROI
+-38.6%

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)-$485/mo
Homeowner / Hazard Insurance-$1,604/mo
Vacancy Reserve (5% of rent)-$171/mo
Repairs & Maintenance (10% of rent)-$341/mo
Property Management (8% of rent)-$273/mo
Total Pure Operating Expenses-$2,874/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,411/mo
Less: Operating Expenses-$2,874/mo
Net Operating Income (NOI)+$537/mo
Less: Debt Service (30yr @ 6.75%)-$28,538/mo
Net Cash Flow
$-28,001/mo
$-336,010/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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