195 Hickory StVredenburghAL36481
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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 Vredenburgh at 195 Hickory St, Vredenburgh, AL, 36481 priced at $178,900 converts $1,354/mo rent into $344/mo cash flow after a $876/mo obligation. Total monthly income equals $1,354/mo, and annual cash flow totals $4,126/yr on $59,305 invested. Return on cash invested prints 26.87% in year one, and rental yield reads 9.08% against a $178,900 entry. Equity gained on principal adds $1,154/yr, while 5% annual appreciation compiles into $49,427 by year five. Five-year ROI reaches 139.43% and total cumulative return in cash sums $82,687. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,354/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36481, Vredenburgh, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 199 (100%) |
| Owner Occupied HU | 137 (68.8%) |
| Renter Occupied HU | 26 (13.1%) |
| Vacant Housing Units | 36 (18.1%) |
| Median Home Value | $77,000 |
| Average Home Value | $113,522 |
Housing Distribution
Address Breakdown
Residential
29
Single Family
29
Multi-Family
0
Businesses
8
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Listed by: Fran Cook • MARTIN REALTY, INC.
Mls Name: Monroe County BOR
Mls ID: #17498