0 County Road 88AndersonAL35610
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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 Anderson at 0 County Road 88, Anderson, AL, 35610 priced at $129,990 converts $1,170/mo rent into $437/mo cash flow after a $636/mo obligation. Total monthly income equals $1,170/mo, and annual cash flow totals $5,238/yr on $43,092 invested. Return on cash invested prints 32.06% in year one, and rental yield reads 10.8% against a $129,990 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,914 by year five. Five-year ROI reaches 167.36% and total cumulative return in cash sums $72,120. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,170/mo property income covering a $636/mo payment, not borrower’s personal income.
Manufactured
Built in N/A
23.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35610, Anderson, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 901 (100%) |
| Owner Occupied HU | 640 (71.0%) |
| Renter Occupied HU | 141 (15.6%) |
| Vacant Housing Units | 120 (13.3%) |
| Median Home Value | $247,857 |
| Average Home Value | $290,242 |
Housing Distribution
Address Breakdown
Residential
823
Single Family
823
Multi-Family
0
Businesses
27
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