218 Ferry AveSaralandAL36571
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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 Saraland at 218 Ferry Ave, Saraland, AL, 36571 offers $1,774/mo rent that, after a $1,967/mo payment. Total monthly income is $1,774/mo. Return on cash invested measures 15.46% in year one, and rental yield stands at 5.3% at a $401,900 entry. Equity gained on principal adds $2,593/yr while 5% annual appreciation compounds into $111,038 by year five. Five-year ROI records 78.25% and total cumulative return in cash reaches $104,256. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,774/mo property income versus a $1,967/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36571, Saraland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 4,858 (67.6%) |
| Renter Occupied HU | 1,840 (25.6%) |
| Vacant Housing Units | 485 ( 6.8%) |
| Median Home Value | $226,544 |
| Average Home Value | $253,096 |
Housing Distribution
Address Breakdown
Residential
7,051
Single Family
6,242
Multi-Family
809
Businesses
737
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