147 Aberdeen RdVernonAL35592
Nearby investment properties with comparable rents
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 Vernon at 147 Aberdeen Rd, Vernon, AL, 35592 offers $1,576/mo rent that, after a $978/mo payment, leaves $448/mo cash flow. Total monthly income is $1,576/mo, and annual cash flow is $5,377/yr on $66,267 cash. Return on cash invested measures 28.02% in year one, and rental yield stands at 9.46% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 145.68% and total cumulative return in cash reaches $96,541. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,576/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35592, Vernon, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,274 (100%) |
| Owner Occupied HU | 1,364 (60.0%) |
| Renter Occupied HU | 535 (23.5%) |
| Vacant Housing Units | 375 (16.5%) |
| Median Home Value | $136,699 |
| Average Home Value | $159,173 |
Housing Distribution
Address Breakdown
Residential
1,749
Single Family
1,709
Multi-Family
40
Businesses
201
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