131 Ideal DrSaralandAL36571
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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
Investment property for sale in Saraland at 131 Ideal Dr, Saraland, AL, 36571 uses $86,190 cash to close to unlock $1,560/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $1,598/mo, and a $1,273/mo payment keeps the spread at $130/mo. Purchase price stands at $260,000, and rental yield measures 7.38% with $1,598/mo rent. Return on cash invested shows 21.72% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 111.83% and total cumulative return in cash records $96,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,598/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36571, Saraland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 4,858 (67.6%) |
| Renter Occupied HU | 1,840 (25.6%) |
| Vacant Housing Units | 485 ( 6.8%) |
| Median Home Value | $226,544 |
| Average Home Value | $253,096 |
Housing Distribution
Address Breakdown
Residential
7,051
Single Family
6,242
Multi-Family
809
Businesses
737
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