11309 Cedar Glades DrVanceAL35490
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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
Investment property for sale in Vance at 11309 Cedar Glades Dr, Vance, AL, 35490 earns $1,170/mo cash flow from $3,005/mo rent with a $1,591/mo payment. Total monthly income totals $3,005/mo, and annual cash flow totals $14,043/yr on $107,738 capital. ROI tracks 32.94% on current figures, and rental yield reads 11.1% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 172.05% and total cumulative return in cash sums $185,365. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,005/mo property income instead of your personal income.
Single Family
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35490, Vance, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,321 (100%) |
| Owner Occupied HU | 1,696 (73.1%) |
| Renter Occupied HU | 381 (16.4%) |
| Vacant Housing Units | 244 (10.5%) |
| Median Home Value | $239,637 |
| Average Home Value | $244,991 |
Housing Distribution
Address Breakdown
Residential
1,891
Single Family
1,891
Multi-Family
0
Businesses
95
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Listed by: Michelle Toral Ruiz • Real Broker LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21412644
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.