16829 Remlap DrRemlapAL35133
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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 Remlap at 16829 Remlap Dr, Remlap, AL, 35133 generates $770/mo in rent and, after a $489/mo payment, leaves $206/mo in cash flow. Total monthly income is $770/mo, and annual cash flow is $2,472/yr on $33,150 invested. Return on cash invested sits at 27.37% in year one, and rental yield is 9.24% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 142.13% and total cumulative return in cash sums $47,116. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $770/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35133, Remlap, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,808 (100%) |
| Owner Occupied HU | 1,388 (76.8%) |
| Renter Occupied HU | 255 (14.1%) |
| Vacant Housing Units | 165 ( 9.1%) |
| Median Home Value | $182,353 |
| Average Home Value | $211,041 |
Housing Distribution
Address Breakdown
Residential
1,718
Single Family
1,718
Multi-Family
0
Businesses
55
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