151 Whitner DrMeridianvilleAL35750
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 Meridianville at 151 Whitner Dr, Meridianville, AL, 35750 priced at $297,389 converts $1,948/mo rent into $252/mo cash flow after a $1,456/mo obligation. Total monthly income equals $1,948/mo, and annual cash flow totals $3,027/yr on $98,584 invested. Return on cash invested prints 22.98% in year one, and rental yield reads 7.86% against a $297,389 entry. Equity gained on principal adds $1,919/yr, while 5% annual appreciation compiles into $82,163 by year five. Five-year ROI reaches 118.7% and total cumulative return in cash sums $117,020. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,948/mo property income covering a $1,456/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35750, Hazel Green, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,263 (100%) |
| Owner Occupied HU | 4,920 (78.6%) |
| Renter Occupied HU | 1,042 (16.6%) |
| Vacant Housing Units | 301 ( 4.8%) |
| Median Home Value | $252,241 |
| Average Home Value | $279,997 |
Housing Distribution
Address Breakdown
Residential
6,529
Single Family
6,529
Multi-Family
0
Businesses
321
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Nearby investment properties with comparable prices
Listed by: Robin Merrell • Porch Light Real Estate LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #1838430
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