110 1st Pl SEArabAL35016
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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 Arab at 110 1st Pl SE, Arab, AL, 35016 uses $48,068 cash to close to unlock $3,675/yr annual cash flow and $306/mo monthly cash flow. Total monthly income runs $1,125/mo, and a $710/mo payment keeps the spread at $306/mo. Purchase price stands at $145,000, and rental yield measures 9.31% with $1,125/mo rent. Return on cash invested shows 27.55% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 143.19% and total cumulative return in cash records $68,828. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,125/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35016, Arab, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,914 (100%) |
| Owner Occupied HU | 5,520 (69.7%) |
| Renter Occupied HU | 1,893 (23.9%) |
| Vacant Housing Units | 501 ( 6.3%) |
| Median Home Value | $222,561 |
| Average Home Value | $269,948 |
Housing Distribution
Address Breakdown
Residential
7,656
Single Family
7,333
Multi-Family
323
Businesses
643
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