111 Tannenbaum DrMeridianvilleAL35759
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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 111 Tannenbaum Dr, Meridianville, AL, 35759 offers $3,024/mo rent that, after a $1,741/mo payment, leaves $1,014/mo cash flow. Total monthly income is $3,024/mo, and annual cash flow is $12,172/yr on $117,948 cash. Return on cash invested measures 30.23% in year one, and rental yield stands at 10.2% at a $355,800 entry. Equity gained on principal adds $2,296/yr while 5% annual appreciation compounds into $98,301 by year five. Five-year ROI records 157.49% and total cumulative return in cash reaches $185,759. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,024/mo property income versus a $1,741/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 2022
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A