178 W Lawrence Harris HwySlocombAL36375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Slocomb at 178 W Lawrence Harris Hwy, Slocomb, AL, 36375 priced at $339,900 converts $1,074/mo rent into after a $1,664/mo obligation. Total monthly income equals $1,074/mo. Return on cash invested prints 10.91% in year one, and rental yield reads 3.79% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 53.91% and total cumulative return in cash sums $60,743. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,074/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36375, Slocomb, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,600 (100%) |
| Owner Occupied HU | 2,392 (66.4%) |
| Renter Occupied HU | 719 (20.0%) |
| Vacant Housing Units | 489 (13.6%) |
| Median Home Value | $145,968 |
| Average Home Value | $176,801 |
Housing Distribution
Address Breakdown
Residential
3,354
Single Family
3,327
Multi-Family
27
Businesses
172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices