16699 Romulus RdRalphAL35480
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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 Ralph at 16699 Romulus Rd, Ralph, AL, 35480 uses $97,793 cash to close to unlock $5,769/yr annual cash flow and $481/mo monthly cash flow. Total monthly income runs $2,146/mo, and a $1,444/mo payment keeps the spread at $481/mo. Purchase price stands at $295,000, and rental yield measures 8.73% with $2,146/mo rent. Return on cash invested shows 25.81% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 133.77% and total cumulative return in cash records $130,814. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,146/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1955
10.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35480, Ralph, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 917 (100%) |
| Owner Occupied HU | 750 (81.8%) |
| Renter Occupied HU | 94 (10.3%) |
| Vacant Housing Units | 73 ( 8.0%) |
| Median Home Value | $255,650 |
| Average Home Value | $248,403 |
Housing Distribution
Address Breakdown
Residential
696
Single Family
696
Multi-Family
0
Businesses
26
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Listed by: Carol Barnette • PARAMOUNT PROPERTIES
Mls Name: WAMLS
Mls Provider:
Mls ID: #170948
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.