113 Diamond Fields DrTroyAL36079
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 Troy at 113 Diamond Fields Dr, Troy, AL, 36079 offers $1,687/mo rent that, after a $1,209/mo payment, leaves $234/mo cash flow. Total monthly income is $1,687/mo, and annual cash flow is $2,809/yr on $81,881 cash. Return on cash invested measures 23.34% in year one, and rental yield stands at 8.2% at a $247,000 entry. Equity gained on principal adds $1,594/yr while 5% annual appreciation compounds into $68,242 by year five. Five-year ROI records 120.88% and total cumulative return in cash reaches $98,980. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,687/mo property income versus a $1,209/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
0.43 Acres 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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