130 Milam DrVincentAL35178
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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 Vincent at 130 Milam Dr, Vincent, AL, 35178 priced at $348,500 pairs $900/mo rent with after a $1,706/mo payment. Total monthly income equals $900/mo. Return on cash invested is 8.82% in year one, and rental yield stands at 3.1% on a $348,500 basis. Equity gained on principal adds $2,249/yr, and 5% annual appreciation accumulates to $96,284 by year five. Five-year ROI measures 42.68% and total cumulative return in cash reaches $49,307. For financing, Ziffy Mortgage’s DSCR program evaluates $900/mo property income against a $1,706/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35178, Vincent, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,839 (100%) |
| Owner Occupied HU | 1,324 (72.0%) |
| Renter Occupied HU | 270 (14.7%) |
| Vacant Housing Units | 245 (13.3%) |
| Median Home Value | $260,993 |
| Average Home Value | $282,891 |
Housing Distribution
Address Breakdown
Residential
1,555
Single Family
1,555
Multi-Family
0
Businesses
48
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