175 Loonie DrKillenAL35645
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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 Killen at 175 Loonie Dr, Killen, AL, 35645 priced at $164,000 converts $1,656/mo rent into $730/mo cash flow after a $803/mo obligation. Total monthly income equals $1,656/mo, and annual cash flow totals $8,760/yr on $54,366 invested. Return on cash invested prints 36.02% in year one, and rental yield reads 12.12% against a $164,000 entry. Equity gained on principal adds $1,058/yr, while 5% annual appreciation compiles into $45,310 by year five. Five-year ROI reaches 188.52% and total cumulative return in cash sums $102,489. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,656/mo property income covering a $803/mo payment, not borrower’s personal income.
Single Family
Built in 1975
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35645, Killen, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,102 (100%) |
| Owner Occupied HU | 4,615 (75.6%) |
| Renter Occupied HU | 943 (15.5%) |
| Vacant Housing Units | 544 ( 8.9%) |
| Median Home Value | $274,541 |
| Average Home Value | $326,071 |
Housing Distribution
Address Breakdown
Residential
6,017
Single Family
6,017
Multi-Family
0
Businesses
289
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