18 Miller DrSylacaugaAL35151
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
Investment property for sale in Sylacauga at 18 Miller Dr, Sylacauga, AL, 35151 uses $119,307 cash to close to unlock $7,393/yr annual cash flow and $616/mo monthly cash flow. Total monthly income runs $2,648/mo, and a $1,762/mo payment keeps the spread at $616/mo. Purchase price stands at $359,900, and rental yield measures 8.83% with $2,648/mo rent. Return on cash invested shows 26.11% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 135.4% and total cumulative return in cash records $161,546. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,648/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1977
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35151, Sylacauga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,687 (100%) |
| Owner Occupied HU | 2,662 (72.2%) |
| Renter Occupied HU | 474 (12.9%) |
| Vacant Housing Units | 551 (14.9%) |
| Median Home Value | $153,906 |
| Average Home Value | $177,139 |
Housing Distribution
Address Breakdown
Residential
3,399
Single Family
3,399
Multi-Family
0
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices