227 Grantham WayDalevilleAL36322
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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 Daleville at 227 Grantham Way, Daleville, AL, 36322 offers $1,841/mo rent that, after a $1,564/mo payment, leaves $37/mo cash flow. Total monthly income is $1,841/mo, and annual cash flow is $448/yr on $105,914 cash. Return on cash invested measures 20.33% in year one, and rental yield stands at 6.91% at a $319,500 entry. Equity gained on principal adds $2,062/yr while 5% annual appreciation compounds into $88,272 by year five. Five-year ROI records 104.42% and total cumulative return in cash reaches $110,594. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,841/mo property income versus a $1,564/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36322, Daleville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,476 (100%) |
| Owner Occupied HU | 2,234 (49.9%) |
| Renter Occupied HU | 1,621 (36.2%) |
| Vacant Housing Units | 621 (13.9%) |
| Median Home Value | $144,384 |
| Average Home Value | $153,189 |
Housing Distribution
Address Breakdown
Residential
4,006
Single Family
3,972
Multi-Family
34
Businesses
360
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Listed by: KARREN T LEWIS • COLDWELL BANKER PRESTIGE HOMES AND REAL ESTATE
Mls Name: Wiregrass BOR
Mls ID: #553493
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.