202 3rd St SClantonAL35045
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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 Clanton at 202 3rd St S, Clanton, AL, 35045 earns $342/mo cash flow from $1,176/mo rent with a $710/mo payment. Total monthly income totals $1,176/mo, and annual cash flow totals $4,104/yr on $48,068 capital. ROI tracks 28.45% on current figures, and rental yield reads 9.73% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 148.16% and total cumulative return in cash sums $71,216. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,176/mo property income instead of your personal income.
Single Family
Built in 1936
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35045, Clanton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,508 (100%) |
| Owner Occupied HU | 4,206 (64.6%) |
| Renter Occupied HU | 1,727 (26.5%) |
| Vacant Housing Units | 575 ( 8.8%) |
| Median Home Value | $184,369 |
| Average Home Value | $199,867 |
Housing Distribution
Address Breakdown
Residential
6,540
Single Family
6,452
Multi-Family
88
Businesses
600
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Listed by: Christopher Gray • EXIT Royal Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21436282
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.