113 Walkers Hill RdMeridianvilleAL35759
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 Meridianville at 113 Walkers Hill Rd, Meridianville, AL, 35759 generates $1,976/mo in rent and, after a $1,168/mo payment, leaves $617/mo in cash flow. Total monthly income is $1,976/mo, and annual cash flow is $7,399/yr on $79,096 invested. Return on cash invested sits at 29.26% in year one, and rental yield is 9.94% on a $238,600 entry. Equity gained on principal adds $1,540/yr, while 5% annual appreciation builds toward $65,921 over five years. Five-year ROI reaches 152.39% and total cumulative return in cash sums $120,535. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,976/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
7,200 sqft lot
$N/A/sqft
$150 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: Renee Fleissner • BHHS Rise Real Estate
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21887671
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