1517 Hickory LnAnnistonAL36207
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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
Rental property for sale in Anniston at 1517 Hickory Ln, Anniston, AL, 36207 offers $2,926/mo rent that, after a $1,603/mo payment, leaves $1,077/mo cash flow. Total monthly income is $2,926/mo, and annual cash flow is $12,928/yr on $108,566 cash. Return on cash invested measures 31.82% in year one, and rental yield stands at 10.72% at a $327,500 entry. Equity gained on principal adds $2,113/yr while 5% annual appreciation compounds into $90,482 by year five. Five-year ROI records 166% and total cumulative return in cash reaches $180,222. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,926/mo property income versus a $1,603/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36207, Anniston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,589 (100%) |
| Owner Occupied HU | 5,959 (62.1%) |
| Renter Occupied HU | 2,548 (26.6%) |
| Vacant Housing Units | 1,082 (11.3%) |
| Median Home Value | $231,265 |
| Average Home Value | $272,426 |
Housing Distribution
Address Breakdown
Residential
8,888
Single Family
8,719
Multi-Family
169
Businesses
498
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Listed by: Anna King • ERA King Real Estate
Mls Name: GALMLS
Mls Provider:
Mls ID: #21397200
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.