101 Rita Ann Way #7HGYTVMeridianvilleAL35759
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 Meridianville at 101 Rita Ann Way #7HGYTV, Meridianville, AL, 35759 priced at $329,400 pairs $2,408/mo rent with $549/mo cash flow after a $1,612/mo payment. Total monthly income equals $2,408/mo, and annual cash flow comes to $6,587/yr on $109,196 invested. Return on cash invested is 25.94% in year one, and rental yield stands at 8.77% on a $329,400 basis. Equity gained on principal adds $2,126/yr, and 5% annual appreciation accumulates to $91,007 by year five. Five-year ROI measures 134.47% and total cumulative return in cash reaches $146,834. For financing, Ziffy Mortgage’s DSCR program evaluates $2,408/mo property income against a $1,612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35759, Meridianville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,413 (100%) |
| Owner Occupied HU | 4,647 (85.8%) |
| Renter Occupied HU | 536 ( 9.9%) |
| Vacant Housing Units | 230 ( 4.2%) |
| Median Home Value | $317,342 |
| Average Home Value | $350,392 |
Housing Distribution
Address Breakdown
Residential
5,332
Single Family
5,332
Multi-Family
0
Businesses
235
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A