215 Keva StMeridianvilleAL35759
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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 Meridianville at 215 Keva St, Meridianville, AL, 35759 priced at $449,900 pairs $3,486/mo rent with $773/mo cash flow after a $2,202/mo payment. Total monthly income equals $3,486/mo, and annual cash flow comes to $9,280/yr on $149,142 invested. Return on cash invested is 26.13% in year one, and rental yield stands at 9.3% on a $449,900 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,299 by year five. Five-year ROI measures 136.01% and total cumulative return in cash reaches $202,846. For financing, Ziffy Mortgage’s DSCR program evaluates $3,486/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35759, Meridianville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,413 (100%) |
| Owner Occupied HU | 4,647 (85.8%) |
| Renter Occupied HU | 536 ( 9.9%) |
| Vacant Housing Units | 230 ( 4.2%) |
| Median Home Value | $317,342 |
| Average Home Value | $350,392 |
Housing Distribution
Address Breakdown
Residential
5,332
Single Family
5,332
Multi-Family
0
Businesses
235
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Listed by: N/A • N/A
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