For SaleRisky Deal68 days on market
591 Ridgeway Dr
591 Ridgeway Dr, Alexander City, AL 35010, Alexander City, AL 35010
$399,000
Estimate®:$388,500
Listing Price
591 Ridgeway Dr, Alexander City, AL 35010
Loc: Alexander City, AL
Days Listed
68
Tax Assessed
$192k
Estimate®
$389k
Market Rate
Rent Estimate
$1,689/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.
3
Nathaniel H Stephens Elementary School
3-4
1.2 mi away
4
Alexander City Middle School
7-8
1 mi away
6
Benjamin Russell High School
9-12
1.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylemid-century modern influencefloor to ceiling windowswooded settingbrick chimneyattached carportspacious lawnsecludedsingle-storynatural landscapingstone pathwayserenesiding exteriorwooded backdrop
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.37%
Total ROI
32.0%
Cash Flow
$-951/mo
DSCR
0.54
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-951/mo net cash flow with a 3.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Alexander City, AL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-08 | Price change | $399,000 | $148 |
| 2026-07-17 | Listed for sale | $410,000 | $152 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $675.5 | $19,160 |
| 2024 | $675.5 | $19,160 |
| 2023 | $656.75 | $18,660 |
| 2022 | $656.75 | $18,660 |
| 2021 | $623.75 | $17,780 |
| 2020 | $623.75 | $17,780 |
| 2019 | $623.75 | $177,700 |
| 2018 | $623.75 | $177,700 |
| 2017 | $623.75 | $177,700 |
| 2016 | $545 | $156,740 |
| 2015 | $545 | $156,740 |
| 2014 | $545 | $156,740 |
| 2013 | $545 | $156,740 |
| 2011 | $545 | $156,740 |
| 2010 | $545 | $156,740 |
| 2009 | $545 | $156,740 |
Similar Properties Nearby
Explore other investment opportunities in Alexander City.