183 Slade Thomas DrMeridianvilleAL35759
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 Meridianville at 183 Slade Thomas Dr, Meridianville, AL, 35759 earns from $2,249/mo rent with a $2,162/mo payment. Total monthly income totals $2,249/mo. ROI tracks 17.73% on current figures, and rental yield reads 6.11% at a $441,708 purchase. Equity gained on principal adds $2,850/yr, and 5% annual appreciation supports $122,036 over five years. Five-year ROI reaches 90.54% and total cumulative return in cash sums $132,570. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,249/mo property income instead of your personal income.
Single Family
Built in N/A
10,454 sqft lot
$N/A/sqft
$260 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35759, Meridianville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,413 (100%) |
| Owner Occupied HU | 4,647 (85.8%) |
| Renter Occupied HU | 536 ( 9.9%) |
| Vacant Housing Units | 230 ( 4.2%) |
| Median Home Value | $317,342 |
| Average Home Value | $350,392 |
Housing Distribution
Address Breakdown
Residential
5,332
Single Family
5,332
Multi-Family
0
Businesses
235
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Nearby investment properties with comparable prices
Listed by: Jessica Craig • Davidson Homes LLC 4
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21879249
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