111 Speck 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
Total monthly income runs $1,974/mo, and a $1,962/mo payment. Purchase price stands at $400,900, and rental yield measures 5.91% with $1,974/mo rent. Return on cash invested shows 17.08% in year one, and 5% annual appreciation builds toward $110,761 over five years. Five-year ROI reaches 87.04% and total cumulative return in cash records $115,678. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,974/mo property income covering a $1,962/mo payment rather than investor’s personal income.
Single Family
Built in N/A
8,400 sqft lot
$N/A/sqft
$300 annually 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: Silas Brown • Capstone Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21878777
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