171 Gregory PlSmiths StationAL36877
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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 Smiths Station at 171 Gregory Pl, Smiths Station, AL, 36877 priced at $329,995 converts $2,035/mo rent into $173/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,035/mo, and annual cash flow totals $2,070/yr on $109,393 invested. Return on cash invested prints 21.8% in year one, and rental yield reads 7.4% against a $329,995 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,172 by year five. Five-year ROI reaches 112.28% and total cumulative return in cash sums $122,829. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,035/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 2021
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36877, Smiths, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,603 (100%) |
| Owner Occupied HU | 3,741 (66.8%) |
| Renter Occupied HU | 1,540 (27.5%) |
| Vacant Housing Units | 322 ( 5.7%) |
| Median Home Value | $289,532 |
| Average Home Value | $326,925 |
Housing Distribution
Address Breakdown
Residential
5,334
Single Family
5,052
Multi-Family
282
Businesses
243
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Listed by: Jerica Johnson • eXp Realty LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #220488
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.