146 Point Cadet AveToneyAL35773
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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 Toney at 146 Point Cadet Ave, Toney, AL, 35773 priced at $240,900 pairs $2,284/mo rent with $912/mo cash flow after a $1,179/mo payment. Total monthly income equals $2,284/mo, and annual cash flow comes to $10,942/yr on $79,858 invested. Return on cash invested is 33.61% in year one, and rental yield stands at 11.38% on a $240,900 basis. Equity gained on principal adds $1,554/yr, and 5% annual appreciation accumulates to $66,556 by year five. Five-year ROI measures 175.67% and total cumulative return in cash reaches $140,289. For financing, Ziffy Mortgage’s DSCR program evaluates $2,284/mo property income against a $1,179/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
7,200 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35773, Toney, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,984 (100%) |
| Owner Occupied HU | 4,797 (80.2%) |
| Renter Occupied HU | 842 (14.1%) |
| Vacant Housing Units | 345 ( 5.8%) |
| Median Home Value | $288,999 |
| Average Home Value | $321,629 |
Housing Distribution
Address Breakdown
Residential
5,954
Single Family
5,954
Multi-Family
0
Businesses
171
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Listed by: Erika Rios • Rausch Coleman Realty Group
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21870717
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