151 Whisenant RdSteeleAL35987
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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 Steele at 151 Whisenant Rd, Steele, AL, 35987 offers a 6.29% rental yield on a $489,900 purchase with $2,569/mo rent. 46% in year one. Equity gained on principal adds $3,161/yr while 5% annual appreciation supports $135,350 over five years. Portfolio math shows five-year ROI at 94.35% and total cumulative return in cash at $153,221. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,569/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
25.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35987, Steele, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,259 (100%) |
| Owner Occupied HU | 954 (75.8%) |
| Renter Occupied HU | 164 (13.0%) |
| Vacant Housing Units | 141 (11.2%) |
| Median Home Value | $192,568 |
| Average Home Value | $229,827 |
Housing Distribution
Address Breakdown
Residential
1,152
Single Family
1,152
Multi-Family
0
Businesses
85
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Listed by: Hollie Bobo • Impact Realty, LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21895136
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