132 Fairways PassMeridianvilleAL35759
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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 Meridianville at 132 Fairways Pass, Meridianville, AL, 35759 generates $1,974/mo in rent, after a $1,708/mo payment. Total monthly income is $1,974/mo. Return on cash invested sits at 19.39% in year one, and rental yield is 6.79% on a $348,900 entry. Equity gained on principal adds $2,251/yr, while 5% annual appreciation builds toward $96,395 over five years. Five-year ROI reaches 99.6% and total cumulative return in cash sums $115,192. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,974/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
9,147 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35759, Meridianville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,413 (100%) |
| Owner Occupied HU | 4,647 (85.8%) |
| Renter Occupied HU | 536 ( 9.9%) |
| Vacant Housing Units | 230 ( 4.2%) |
| Median Home Value | $317,342 |
| Average Home Value | $350,392 |
Housing Distribution
Address Breakdown
Residential
5,332
Single Family
5,332
Multi-Family
0
Businesses
235
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Nearby investment properties with comparable prices
Listed by: Caity Quillen • Newcastle Homes
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21892409
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2025 Valley MLS