231 County Road 1374VinemontAL35179
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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 Vinemont at 231 County Road 1374, Vinemont, AL, 35179 generates $849/mo in rent and, after a $534/mo payment, leaves $233/mo in cash flow. Total monthly income is $849/mo, and annual cash flow is $2,799/yr on $36,134 invested. Return on cash invested sits at 27.66% in year one, and rental yield is 9.35% on a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 143.76% and total cumulative return in cash sums $51,946. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $849/mo property income rather than buyer’s personal income.
Manufactured
Built in 2017
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35179, Vinemont, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,138 (100%) |
| Owner Occupied HU | 3,133 (75.7%) |
| Renter Occupied HU | 745 (18.0%) |
| Vacant Housing Units | 260 ( 6.3%) |
| Median Home Value | $234,165 |
| Average Home Value | $305,290 |
Housing Distribution
Address Breakdown
Residential
4,121
Single Family
4,121
Multi-Family
0
Businesses
165
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