18455 Thoroughbred DrVanceAL35490
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 Vance at 18455 Thoroughbred Dr, Vance, AL, 35490 uses $73,891 cash to close to unlock $7,109/yr annual cash flow and $592/mo monthly cash flow. Total monthly income runs $1,861/mo, and a $1,091/mo payment keeps the spread at $592/mo. Purchase price stands at $222,900, and rental yield measures 10.02% with $1,861/mo rent. Return on cash invested shows 29.53% in year one, and 5% annual appreciation builds toward $61,583 over five years. Five-year ROI reaches 153.82% and total cumulative return in cash records $113,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,861/mo property income covering a $1,091/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35490, Vance, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,321 (100%) |
| Owner Occupied HU | 1,696 (73.1%) |
| Renter Occupied HU | 381 (16.4%) |
| Vacant Housing Units | 244 (10.5%) |
| Median Home Value | $239,637 |
| Average Home Value | $244,991 |
Housing Distribution
Address Breakdown
Residential
1,891
Single Family
1,891
Multi-Family
0
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Becky Sadberry • SADBERRY REAL ESTATE LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21406033
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.