1809 29th StValleyAL36854
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 Valley at 1809 29th St, Valley, AL, 36854 offers a 9.28% rental yield on a $178,900 purchase with $1,383/mo rent. Total monthly income registers $1,383/mo, and a $876/mo payment leaves $357/mo available for distribution. Annual cash flow reaches $4,279/yr on $59,305 to close, and return on cash invested stands at 27.12% in year one. Equity gained on principal adds $1,154/yr while 5% annual appreciation supports $49,427 over five years. Portfolio math shows five-year ROI at 140.96% and total cumulative return in cash at $83,599. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,383/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36854, Valley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,708 (100%) |
| Owner Occupied HU | 4,470 (58.0%) |
| Renter Occupied HU | 2,275 (29.5%) |
| Vacant Housing Units | 963 (12.5%) |
| Median Home Value | $173,164 |
| Average Home Value | $216,190 |
Housing Distribution
Address Breakdown
Residential
7,192
Single Family
6,150
Multi-Family
1,042
Businesses
393
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: WANDA MORRIS • LORI TERRY HOME TOWN REALTY LLC
Mls Name: LCMLS
Mls ID: #175195
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.