20240 County Road 34SummerdaleAL36580
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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 Summerdale at 20240 County Road 34, Summerdale, AL, 36580 listed at $579,000 pairs $4,140/mo rent with a $2,834/mo payment to leave $872/mo cash flow. Total monthly income runs $4,140/mo, and annual cash flow reaches $10,461/yr on $190,491 cash to close. Return on cash invested measures 25.55% in year one, and rental yield registers 8.58% at a $579,000 basis. Equity gained on principal adds $3,736/yr, and annual property appreciation at 5% supports $159,967 by year five. Five-year ROI tracks 132.35% and total cumulative return in cash totals $252,115. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,140/mo property income relative to a $2,834/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36580, Summerdale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,090 (100%) |
| Owner Occupied HU | 2,223 (71.9%) |
| Renter Occupied HU | 548 (17.7%) |
| Vacant Housing Units | 319 (10.3%) |
| Median Home Value | $342,723 |
| Average Home Value | $409,308 |
Housing Distribution
Address Breakdown
Residential
2,647
Single Family
2,647
Multi-Family
0
Businesses
221
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Listed by: Miriam Huffstutler • Realty Executives Gulf Coast
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #383868
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.