110 Ohio Ave NEAveAL35077
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
Rental property for sale in Ave at 110 Ohio Ave NE, Ave, AL, 35077 priced at $180,000 pairs $1,383/mo rent with $367/mo cash flow after a $881/mo payment. Total monthly income equals $1,383/mo, and annual cash flow comes to $4,404/yr on $59,670 invested. Return on cash invested is 27.29% in year one, and rental yield stands at 9.22% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 141.69% and total cumulative return in cash reaches $84,545. For financing, Ziffy Mortgage’s DSCR program evaluates $1,383/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35077, Hanceville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,443 (100%) |
| Owner Occupied HU | 4,445 (69.0%) |
| Renter Occupied HU | 1,436 (22.3%) |
| Vacant Housing Units | 562 ( 8.7%) |
| Median Home Value | $200,496 |
| Average Home Value | $263,431 |
Housing Distribution
Address Breakdown
Residential
5,969
Single Family
5,904
Multi-Family
65
Businesses
347
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