18 Hickory RdRaglandAL35131
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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
Investment property for sale in Ragland at 18 Hickory Rd, Ragland, AL, 35131 offers a 7.62% rental yield on a $435,000 purchase with $2,762/mo rent. Total monthly income registers $2,762/mo, and a $2,129/mo payment leaves $307/mo available for distribution. Annual cash flow reaches $3,681/yr on $144,203 to close, and return on cash invested stands at 22.46% in year one. Equity gained on principal adds $2,807/yr while 5% annual appreciation supports $120,182 over five years. Portfolio math shows five-year ROI at 115.81% and total cumulative return in cash at $167,004. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,762/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35131, Ragland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,878 (100%) |
| Owner Occupied HU | 1,349 (71.8%) |
| Renter Occupied HU | 313 (16.7%) |
| Vacant Housing Units | 216 (11.5%) |
| Median Home Value | $199,702 |
| Average Home Value | $237,767 |
Housing Distribution
Address Breakdown
Residential
1,699
Single Family
1,699
Multi-Family
0
Businesses
67
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Listed by: Amanda Anderson-Stjohn • LAKE HOMES REALTY LLC dba LHR of West Alabama
Mls Name: GALMLS
Mls Provider:
Mls ID: #21407669
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.