1169 Honeycomb RdGrantAL35747
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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
Rental property for sale in Grant at 1169 Honeycomb Rd, Grant, AL, 35747 generates $2,160/mo in rent and, after a $1,415/mo payment, leaves $528/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $6,339/yr on $95,804 invested. Return on cash invested sits at 26.53% in year one, and rental yield is 8.97% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 137.66% and total cumulative return in cash sums $131,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Manufactured
Built in 2019
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35747, Grant, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,950 (100%) |
| Owner Occupied HU | 2,058 (69.8%) |
| Renter Occupied HU | 463 (15.7%) |
| Vacant Housing Units | 429 (14.5%) |
| Median Home Value | $289,329 |
| Average Home Value | $335,220 |
Housing Distribution
Address Breakdown
Residential
2,752
Single Family
2,726
Multi-Family
26
Businesses
116
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Listed by: Paige Wilson • Ainsworth Real Estate, LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21884245
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