102 Grove CirMeridianvilleAL35759
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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
Investment property for sale in Meridianville at 102 Grove Cir, Meridianville, AL, 35759 offers a 7.83% rental yield on a $395,800 purchase with $2,582/mo rent. Total monthly income registers $2,582/mo, and a $1,937/mo payment leaves $348/mo available for distribution. Annual cash flow reaches $4,178/yr on $131,208 to close, and return on cash invested stands at 23.09% in year one. Equity gained on principal adds $2,554/yr while 5% annual appreciation supports $109,352 over five years. Portfolio math shows five-year ROI at 119.23% and total cumulative return in cash at $156,437. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,582/mo property income against a $1,937/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.49 Acres 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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