190 Woodland DrShelbyAL35143
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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
Rental property for sale in Shelby at 190 Woodland Dr, Shelby, AL, 35143 priced at $138,500 pairs $0/mo rent with after a $678/mo payment. Total monthly income equals $0/mo. Return on cash invested is -0.53% in year one, and rental yield stands at 0% on a $138,500 basis. Equity gained on principal adds $894/yr, and 5% annual appreciation accumulates to $38,265 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $678/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2012
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35143, Shelby, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,233 (62.2%) |
| Renter Occupied HU | 230 (11.6%) |
| Vacant Housing Units | 520 (26.2%) |
| Median Home Value | $357,595 |
| Average Home Value | $371,283 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,686
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Mary Dunnaway • Down South Realty Inc
Mls Name: GALMLS
Mls Provider:
Mls ID: #21398661
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.