18623 Bigham Loop RdBerryAL35546
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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 Berry at 18623 Bigham Loop Rd, Berry, AL, 35546 uses $55,659 cash to close to unlock $4,453/yr annual cash flow and $371/mo monthly cash flow. Total monthly income runs $1,319/mo, and a $822/mo payment keeps the spread at $371/mo. Purchase price stands at $167,900, and rental yield measures 9.43% with $1,319/mo rent. Return on cash invested shows 27.91% in year one, and 5% annual appreciation builds toward $46,388 over five years. Five-year ROI reaches 145.12% and total cumulative return in cash records $80,770. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,319/mo property income covering a $822/mo payment rather than investor’s personal income.
Single Family
Built in 1980
1.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35546, Berry, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,918 (100%) |
| Owner Occupied HU | 1,334 (69.6%) |
| Renter Occupied HU | 364 (19.0%) |
| Vacant Housing Units | 220 (11.5%) |
| Median Home Value | $208,278 |
| Average Home Value | $297,918 |
Housing Distribution
Address Breakdown
Residential
1,882
Single Family
1,882
Multi-Family
0
Businesses
64
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Listed by: Victoria Sparks • RE/MAX PREMIERE GROUP
Mls Name: WAMLS
Mls Provider:
Mls ID: #166032
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.