150 Laurel Wood DrSmiths StationAL36877
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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 Smiths Station at 150 Laurel Wood Dr, Smiths Station, AL, 36877 at $219,900 posts ROI 24.95% with $306/mo cash flow from $1,547/mo rent. Total monthly income equals $1,547/mo, and annual cash flow records $3,673/yr on $72,897 to close. Return on cash invested measures 24.95% and rental yield reads 8.44% at the current $219,900. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 by year five. Five-year ROI prints 129.2% and total cumulative return in cash totals $94,180.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,547/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36877, Smiths, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,603 (100%) |
| Owner Occupied HU | 3,741 (66.8%) |
| Renter Occupied HU | 1,540 (27.5%) |
| Vacant Housing Units | 322 ( 5.7%) |
| Median Home Value | $289,532 |
| Average Home Value | $326,925 |
Housing Distribution
Address Breakdown
Residential
5,334
Single Family
5,052
Multi-Family
282
Businesses
243
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Listed by: Tammy Woods • Keller Williams Realty River C
Mls Name: East Alabama BOR
Mls ID: #E101407