113 Slade Thomas DrMeridianvilleAL35759
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
Investment property for sale in Meridianville at 113 Slade Thomas Dr, Meridianville, AL, 35759 listed at $418,700 pairs $2,370/mo rent with a $2,049/mo payment. Total monthly income runs $2,370/mo. Return on cash invested measures 19.78% in year one, and rental yield registers 6.79% at a $418,700 basis. Equity gained on principal adds $2,702/yr, and annual property appreciation at 5% supports $115,679 by year five. Five-year ROI tracks 101.54% and total cumulative return in cash totals $140,935. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,370/mo property income relative to a $2,049/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
10,350 sqft lot
$N/A/sqft
$260 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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Nearby investment properties with comparable prices
Listed by: Emily Florian • Keller Williams Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21875436
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