2165 County Highway 24 #0SpringvilleAL35146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Springville at 2165 County Highway 24 #0, Springville, AL, 35146 uses $48,432 cash to close to unlock $14,501/yr annual cash flow and $1,208/mo monthly cash flow. Total monthly income runs $2,033/mo, and a $715/mo payment keeps the spread at $1,208/mo. Purchase price stands at $146,100, and rental yield measures 16.7% with $2,033/mo rent. Return on cash invested shows 49.85% in year one, and 5% annual appreciation builds toward $40,365 over five years. Five-year ROI reaches 262.75% and total cumulative return in cash records $127,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,033/mo property income covering a $715/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35146, Springville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,081 (100%) |
| Owner Occupied HU | 4,314 (84.9%) |
| Renter Occupied HU | 541 (10.6%) |
| Vacant Housing Units | 226 ( 4.4%) |
| Median Home Value | $295,501 |
| Average Home Value | $327,701 |
Housing Distribution
Address Breakdown
Residential
5,035
Single Family
5,035
Multi-Family
0
Businesses
324
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: RealtySouth
Mls Provider:
Mls ID: #21393479