115 Kelley DrJasperAL35503
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 Jasper at 115 Kelley Dr, Jasper, AL, 35503 offers $1,021/mo rent that, after a $661/mo payment, leaves $259/mo cash flow. Total monthly income is $1,021/mo, and annual cash flow is $3,105/yr on $44,751 cash. Return on cash invested measures 26.85% in year one, and rental yield stands at 9.08% at a $134,995 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,297 by year five. Five-year ROI records 139.38% and total cumulative return in cash reaches $62,375. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,021/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2018
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35503, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,833 (100%) |
| Owner Occupied HU | 2,681 (69.9%) |
| Renter Occupied HU | 753 (19.6%) |
| Vacant Housing Units | 399 (10.4%) |
| Median Home Value | $161,400 |
| Average Home Value | $189,766 |
Housing Distribution
Address Breakdown
Residential
3,966
Single Family
3,966
Multi-Family
0
Businesses
179
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