157 Olympia LnGrantAL35747
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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 Grant at 157 Olympia Ln, Grant, AL, 35747 offers $2,156/mo rent that, after a $3,083/mo payment. Total monthly income is $2,156/mo. Return on cash invested measures 11.96% in year one, and rental yield stands at 4.11% at a $629,900 entry. Equity gained on principal adds $4,065/yr while 5% annual appreciation compounds into $174,030 by year five. Five-year ROI records 59.45% and total cumulative return in cash reaches $123,195. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,156/mo property income versus a $3,083/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35747, Grant, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,950 (100%) |
| Owner Occupied HU | 2,058 (69.8%) |
| Renter Occupied HU | 463 (15.7%) |
| Vacant Housing Units | 429 (14.5%) |
| Median Home Value | $289,329 |
| Average Home Value | $335,220 |
Housing Distribution
Address Breakdown
Residential
2,752
Single Family
2,726
Multi-Family
26
Businesses
116
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