229 Oakland View DrBrownsboroAL35741
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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 Brownsboro at 229 Oakland View Dr, Brownsboro, AL, 35741 priced at $609,900 pairs $2,874/mo rent with after a $2,985/mo payment. Total monthly income equals $2,874/mo. Return on cash invested is 16.66% in year one, and rental yield stands at 5.65% on a $609,900 basis. Equity gained on principal adds $3,936/yr, and 5% annual appreciation accumulates to $168,504 by year five. Five-year ROI measures 84.68% and total cumulative return in cash reaches $169,908. For financing, Ziffy Mortgage’s DSCR program evaluates $2,874/mo property income against a $2,985/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35741, Brownsboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,957 (100%) |
| Owner Occupied HU | 1,476 (75.4%) |
| Renter Occupied HU | 389 (19.9%) |
| Vacant Housing Units | 92 ( 4.7%) |
| Median Home Value | $396,084 |
| Average Home Value | $466,258 |
Housing Distribution
Address Breakdown
Residential
1,746
Single Family
1,374
Multi-Family
372
Businesses
116
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Listed by: Jennifer Michaels • Legend Realty
Mls Name: ValleyMLS
Mls ID: #21908018