120 Hills Mine AveWest BloctonAL35184
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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 West Blocton at 120 Hills Mine Ave, West Blocton, AL, 35184 priced at $129,900 pairs $1,040/mo rent with $307/mo cash flow after a $636/mo payment. Total monthly income equals $1,040/mo, and annual cash flow comes to $3,679/yr on $43,062 invested. Return on cash invested is 28.45% in year one, and rental yield stands at 9.61% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. Five-year ROI measures 147.96% and total cumulative return in cash reaches $63,715. For financing, Ziffy Mortgage’s DSCR program evaluates $1,040/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35184, West Blocton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,633 (100%) |
| Owner Occupied HU | 1,820 (69.1%) |
| Renter Occupied HU | 516 (19.6%) |
| Vacant Housing Units | 297 (11.3%) |
| Median Home Value | $142,733 |
| Average Home Value | $185,315 |
Housing Distribution
Address Breakdown
Residential
2,182
Single Family
2,182
Multi-Family
0
Businesses
80
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Listed by: Iva Claire • Claire Realty
Mls Name: GALMLS
Mls ID: #21425999