2333 Swann Bridge RdClevelandAL35049
Nearby investment properties with comparable rents
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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 Cleveland at 2333 Swann Bridge Rd, Cleveland, AL, 35049 priced at $179,900 converts $1,236/mo rent into $220/mo cash flow after a $881/mo obligation. Total monthly income equals $1,236/mo, and annual cash flow totals $2,641/yr on $59,637 invested. Return on cash invested prints 24.34% in year one, and rental yield reads 8.24% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 125.94% and total cumulative return in cash sums $75,105. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,236/mo property income covering a $881/mo payment, not borrower’s personal income.
Manufactured
Built in 2013
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35049, Cleveland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,767 (100%) |
| Owner Occupied HU | 1,347 (76.2%) |
| Renter Occupied HU | 289 (16.4%) |
| Vacant Housing Units | 131 ( 7.4%) |
| Median Home Value | $188,393 |
| Average Home Value | $240,349 |
Housing Distribution
Address Breakdown
Residential
1,559
Single Family
1,559
Multi-Family
0
Businesses
100
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Listed by: Lisa Underwood • RealtySouth-Oneonta/Blount Co
Mls Name: GALMLS
Mls Provider:
Mls ID: #21403456
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