115 Carter LnColumbianaAL35051
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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 Columbiana at 115 Carter Ln, Columbiana, AL, 35051 offers a 3.85% rental yield on a $289,999 purchase with $930/mo rent. 09% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,121 over five years. Portfolio math shows five-year ROI at 54.85% and total cumulative return in cash at $52,732. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $930/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35051, Columbiana, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,607 (100%) |
| Owner Occupied HU | 2,476 (68.6%) |
| Renter Occupied HU | 830 (23.0%) |
| Vacant Housing Units | 301 ( 8.3%) |
| Median Home Value | $329,118 |
| Average Home Value | $357,637 |
Housing Distribution
Address Breakdown
Residential
3,426
Single Family
3,254
Multi-Family
172
Businesses
333
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Listed by: Heidy Bonilla • ERA King Real Estate - Hoover
Mls Name: GALMLS
Mls ID: #21434910