18981 Remlap DrRemlapAL35133
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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 Remlap at 18981 Remlap Dr, Remlap, AL, 35133 earns $421/mo cash flow from $1,691/mo rent with a $1,101/mo payment. Total monthly income totals $1,691/mo, and annual cash flow totals $5,055/yr on $74,588 capital. ROI tracks 26.69% on current figures, and rental yield reads 9.02% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 138.5% and total cumulative return in cash sums $103,305. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,691/mo property income instead of your personal income.
Single Family
Built in 1977
8.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35133, Remlap, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,808 (100%) |
| Owner Occupied HU | 1,388 (76.8%) |
| Renter Occupied HU | 255 (14.1%) |
| Vacant Housing Units | 165 ( 9.1%) |
| Median Home Value | $182,353 |
| Average Home Value | $211,041 |
Housing Distribution
Address Breakdown
Residential
1,718
Single Family
1,718
Multi-Family
0
Businesses
55
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Listed by: Carolyn Spain • Keller Williams Trussville
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418822
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.