112 Olivia WayTroyAL36079
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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 Troy at 112 Olivia Way, Troy, AL, 36079 generates $1,825/mo in rent and, after a $1,272/mo payment, leaves $358/mo in cash flow. Total monthly income is $1,825/mo, and annual cash flow is $4,297/yr on $86,157 invested. Return on cash invested sits at 24.9% in year one, and rental yield is 8.43% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 128.92% and total cumulative return in cash sums $111,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,825/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36079, Troy, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,002 (100%) |
| Owner Occupied HU | 3,081 (61.6%) |
| Renter Occupied HU | 1,450 (29.0%) |
| Vacant Housing Units | 471 ( 9.4%) |
| Median Home Value | $192,287 |
| Average Home Value | $214,284 |
Housing Distribution
Address Breakdown
Residential
4,610
Single Family
4,163
Multi-Family
447
Businesses
139
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Listed by: Mike Pierce • RE/MAX Traditions
Mls Name: SAMLS
Mls ID: #201956
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.