102 Highland DrColumbianaAL35051
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
Investment property for sale in Columbiana at 102 Highland Dr, Columbiana, AL, 35051 listed at $220,000 pairs $2,653/mo rent with a $1,077/mo payment to leave $1,243/mo cash flow. Total monthly income runs $2,653/mo, and annual cash flow reaches $14,917/yr on $72,930 cash to close. Return on cash invested measures 40.36% in year one, and rental yield registers 14.47% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 212.87% and total cumulative return in cash totals $155,243. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,653/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35051, Columbiana, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,607 (100%) |
| Owner Occupied HU | 2,476 (68.6%) |
| Renter Occupied HU | 830 (23.0%) |
| Vacant Housing Units | 301 ( 8.3%) |
| Median Home Value | $329,118 |
| Average Home Value | $357,637 |
Housing Distribution
Address Breakdown
Residential
3,426
Single Family
3,254
Multi-Family
172
Businesses
333
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Hammac • Keller Williams Metro South
Mls Name: GALMLS
Mls Provider:
Mls ID: #21399204
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.