229 Glass RdValleyAL36854
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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 Valley at 229 Glass Rd, Valley, AL, 36854 uses $38,123 cash to close to unlock $3,297/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $924/mo, and a $563/mo payment keeps the spread at $275/mo. Purchase price stands at $115,000, and rental yield measures 9.64% with $924/mo rent. Return on cash invested shows 28.56% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 148.5% and total cumulative return in cash records $56,613. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $924/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1700
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36854, Valley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,708 (100%) |
| Owner Occupied HU | 4,470 (58.0%) |
| Renter Occupied HU | 2,275 (29.5%) |
| Vacant Housing Units | 963 (12.5%) |
| Median Home Value | $173,164 |
| Average Home Value | $216,190 |
Housing Distribution
Address Breakdown
Residential
7,192
Single Family
6,150
Multi-Family
1,042
Businesses
393
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Listed by: CINDY RAMSEY • AFFINITY REAL ESTATE LLC
Mls Name: LCMLS
Mls ID: #175425
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.