216 HighwayVanceAL35490
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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 Vance at 216 Highway, Vance, AL, 35490 listed at $485,152 pairs $1,314/mo rent with a $2,375/mo payment. Total monthly income runs $1,314/mo. Return on cash invested measures 9.28% in year one, and rental yield registers 3.25% at a $485,152 basis. Equity gained on principal adds $3,131/yr, and annual property appreciation at 5% supports $134,039 by year five. Five-year ROI tracks 45.14% and total cumulative return in cash totals $72,602. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,314/mo property income relative to a $2,375/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
124 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35490, Vance, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,321 (100%) |
| Owner Occupied HU | 1,696 (73.1%) |
| Renter Occupied HU | 381 (16.4%) |
| Vacant Housing Units | 244 (10.5%) |
| Median Home Value | $239,637 |
| Average Home Value | $244,991 |
Housing Distribution
Address Breakdown
Residential
1,891
Single Family
1,891
Multi-Family
0
Businesses
95
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