10 Woodland DrCentreAL35960
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Centre at 10 Woodland Dr, Centre, AL, 35960 priced at $234,900 converts $1,945/mo rent into $619/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,945/mo, and annual cash flow totals $7,426/yr on $77,869 invested. Return on cash invested prints 29.45% in year one, and rental yield reads 9.94% against a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,899 by year five. Five-year ROI reaches 153.27% and total cumulative return in cash sums $119,349. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,945/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35960, Centre, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,915 (100%) |
| Owner Occupied HU | 3,169 (53.6%) |
| Renter Occupied HU | 935 (15.8%) |
| Vacant Housing Units | 1,811 (30.6%) |
| Median Home Value | $248,768 |
| Average Home Value | $313,077 |
Housing Distribution
Address Breakdown
Residential
4,738
Single Family
4,590
Multi-Family
148
Businesses
496
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices