101 Slade Thomas DrMeridianvilleAL35759
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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 Meridianville at 101 Slade Thomas Dr, Meridianville, AL, 35759 offers $2,616/mo rent that, after a $2,423/mo payment. Total monthly income is $2,616/mo. Return on cash invested measures 18.61% in year one, and rental yield stands at 6.34% at a $495,100 entry. Equity gained on principal adds $3,195/yr while 5% annual appreciation compounds into $136,787 by year five. Five-year ROI records 95.13% and total cumulative return in cash reaches $156,137. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,616/mo property income versus a $2,423/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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