16 Wells AveDalevilleAL36322
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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 Daleville at 16 Wells Ave, Daleville, AL, 36322 priced at $149,900 converts $1,129/mo rent into $283/mo cash flow after a $734/mo obligation. Total monthly income equals $1,129/mo, and annual cash flow totals $3,391/yr on $49,692 invested. Return on cash invested prints 26.73% in year one, and rental yield reads 9.04% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 138.78% and total cumulative return in cash sums $68,963. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,129/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1963
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36322, Daleville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,476 (100%) |
| Owner Occupied HU | 2,234 (49.9%) |
| Renter Occupied HU | 1,621 (36.2%) |
| Vacant Housing Units | 621 (13.9%) |
| Median Home Value | $144,384 |
| Average Home Value | $153,189 |
Housing Distribution
Address Breakdown
Residential
4,006
Single Family
3,972
Multi-Family
34
Businesses
360
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Listed by: K. SCOTT MOORE • AERO REAL ESTATE LTD.
Mls Name: WBOR
Mls ID: #552817
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.