2343 Glendale RdArabAL35016
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
Investment property for sale in Arab at 2343 Glendale Rd, Arab, AL, 35016 at $999,000 posts ROI 5.17% with from $1,560/mo rent. Total monthly income equals $1,560/mo. Return on cash invested measures 5.17% and rental yield reads 1.87% at the current $999,000. Equity gained on principal adds $6,446/yr, and 5% annual appreciation supports $276,005 by year five. Five-year ROI prints 23.03% and total cumulative return in cash totals $75,698. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,560/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35016, Arab, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,914 (100%) |
| Owner Occupied HU | 5,520 (69.7%) |
| Renter Occupied HU | 1,893 (23.9%) |
| Vacant Housing Units | 501 ( 6.3%) |
| Median Home Value | $222,561 |
| Average Home Value | $269,948 |
Housing Distribution
Address Breakdown
Residential
7,656
Single Family
7,333
Multi-Family
323
Businesses
643
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Black • Southern Elite Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21878116
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