107 Hidden Cove RdMeridianvilleAL35759
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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 107 Hidden Cove Rd, Meridianville, AL, 35759 generates $2,700/mo in rent and, after a $1,894/mo payment, leaves $516/mo in cash flow. Total monthly income is $2,700/mo, and annual cash flow is $6,190/yr on $128,257 invested. Return on cash invested sits at 24.74% in year one, and rental yield is 8.37% on a $386,900 entry. Equity gained on principal adds $2,497/yr, while 5% annual appreciation builds toward $106,893 over five years. Five-year ROI reaches 128.01% and total cumulative return in cash sums $164,179. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,700/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.27 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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Listed by: N/A • N/A
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