119 Emma WayKillenAL35645
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 Killen at 119 Emma Way, Killen, AL, 35645 priced at $117,900 converts $915/mo rent into $250/mo cash flow after a $577/mo obligation. Total monthly income equals $915/mo, and annual cash flow totals $2,995/yr on $39,084 invested. Return on cash invested prints 27.57% in year one, and rental yield reads 9.31% against a $117,900 entry. Equity gained on principal adds $761/yr, while 5% annual appreciation compiles into $32,574 by year five. Five-year ROI reaches 143.25% and total cumulative return in cash sums $55,988. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $915/mo property income covering a $577/mo payment, not borrower’s personal income.
Single Family
Built in 1978
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35645, Killen, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,102 (100%) |
| Owner Occupied HU | 4,615 (75.6%) |
| Renter Occupied HU | 943 (15.5%) |
| Vacant Housing Units | 544 ( 8.9%) |
| Median Home Value | $274,541 |
| Average Home Value | $326,071 |
Housing Distribution
Address Breakdown
Residential
6,017
Single Family
6,017
Multi-Family
0
Businesses
289
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices