18480 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 18480 Thoroughbred Dr, Vance, AL, 35490 listed at $197,500 pairs $1,667/mo rent with a $967/mo payment to leave $552/mo cash flow. Total monthly income runs $1,667/mo, and annual cash flow reaches $6,623/yr on $65,471 cash to close. Return on cash invested measures 30.02% in year one, and rental yield registers 10.13% at a $197,500 basis. Equity gained on principal adds $1,274/yr, and annual property appreciation at 5% supports $54,566 by year five. Five-year ROI tracks 156.37% and total cumulative return in cash totals $102,375. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,667/mo property income relative to a $967/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
N/A 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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Listed by: Tanner Summerlin • HAMNER REAL ESTATE
Mls Name: WAMLS
Mls Provider:
Mls ID: #164223
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.