174 Howard Ballard DrAshlandAL36251
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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 Ashland at 174 Howard Ballard Dr, Ashland, AL, 36251 priced at $109,995 converts $1,046/mo rent into $426/mo cash flow after a $538/mo obligation. Total monthly income equals $1,046/mo, and annual cash flow totals $5,106/yr on $36,463 invested. Return on cash invested prints 33.91% in year one, and rental yield reads 11.41% against a $109,995 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,390 by year five. Five-year ROI reaches 177.31% and total cumulative return in cash sums $64,654. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,046/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1989
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36251, Ashland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,668 (100%) |
| Owner Occupied HU | 1,643 (61.6%) |
| Renter Occupied HU | 586 (22.0%) |
| Vacant Housing Units | 439 (16.5%) |
| Median Home Value | $219,279 |
| Average Home Value | $253,869 |
Housing Distribution
Address Breakdown
Residential
2,105
Single Family
2,105
Multi-Family
0
Businesses
182
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Listed by: Daniel Demers • Sell Your Home Services
Mls Name: GALMLS
Mls Provider:
Mls ID: #21425342
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.