2300 Logan Martin Dam RdVincentAL35178
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
Rental property for sale in Vincent at 2300 Logan Martin Dam Rd, Vincent, AL, 35178 offers $2,287/mo rent that, after a $1,936/mo payment, leaves $54/mo cash flow. Total monthly income is $2,287/mo, and annual cash flow is $653/yr on $131,108 cash. Return on cash invested measures 20.41% in year one, and rental yield stands at 6.94% at a $395,500 entry. Equity gained on principal adds $2,552/yr while 5% annual appreciation compounds into $109,269 by year five. Five-year ROI records 104.81% and total cumulative return in cash reaches $137,419. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,287/mo property income versus a $1,936/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
17.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35178, Vincent, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,839 (100%) |
| Owner Occupied HU | 1,324 (72.0%) |
| Renter Occupied HU | 270 (14.7%) |
| Vacant Housing Units | 245 (13.3%) |
| Median Home Value | $260,993 |
| Average Home Value | $282,891 |
Housing Distribution
Address Breakdown
Residential
1,555
Single Family
1,555
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Arrington • Keller Williams Pell City
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413046
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.