1685 Kelly Loop RdMount OliveAL35117
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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 Mount Olive at 1685 Kelly Loop Rd, Mount Olive, AL, 35117 priced at $160,000 converts $1,567/mo rent into $650/mo cash flow after a $783/mo obligation. Total monthly income equals $1,567/mo, and annual cash flow totals $7,798/yr on $53,040 invested. Return on cash invested prints 34.61% in year one, and rental yield reads 11.75% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 181.09% and total cumulative return in cash sums $96,050. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,567/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35117, Mount Olive, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,686 (100%) |
| Owner Occupied HU | 2,258 (84.1%) |
| Renter Occupied HU | 289 (10.8%) |
| Vacant Housing Units | 139 ( 5.2%) |
| Median Home Value | $290,234 |
| Average Home Value | $310,559 |
Housing Distribution
Address Breakdown
Residential
2,629
Single Family
2,629
Multi-Family
0
Businesses
55
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Listed by: Jordan Holt • Real Broker LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21417174
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.