18473 Thoroughbred DrVanceAL35490
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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 Vance at 18473 Thoroughbred Dr, Vance, AL, 35490 uses $59,670 cash to close to unlock $6,432/yr annual cash flow and $536/mo monthly cash flow. Total monthly income runs $1,552/mo, and a $881/mo payment keeps the spread at $536/mo. Purchase price stands at $180,000, and rental yield measures 10.35% with $1,552/mo rent. Return on cash invested shows 30.69% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 159.93% and total cumulative return in cash records $95,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,552/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 2007
10,454 sqft 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
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