169 Bayside LnToneyAL35773
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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 Toney at 169 Bayside Ln, Toney, AL, 35773 offers $1,850/mo rent that, after a $1,160/mo payment, leaves $512/mo cash flow. Total monthly income is $1,850/mo, and annual cash flow is $6,147/yr on $78,566 cash. Return on cash invested measures 27.73% in year one, and rental yield stands at 9.37% at a $237,000 entry. Equity gained on principal adds $1,529/yr while 5% annual appreciation compounds into $65,479 by year five. Five-year ROI records 144.14% and total cumulative return in cash reaches $113,240. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,850/mo property income versus a $1,160/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35773, Toney, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,984 (100%) |
| Owner Occupied HU | 4,797 (80.2%) |
| Renter Occupied HU | 842 (14.1%) |
| Vacant Housing Units | 345 ( 5.8%) |
| Median Home Value | $288,999 |
| Average Home Value | $321,629 |
Housing Distribution
Address Breakdown
Residential
5,954
Single Family
5,954
Multi-Family
0
Businesses
171
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