24 Richardson DrDalevilleAL36322
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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
Investment property for sale in Daleville at 24 Richardson Dr, Daleville, AL, 36322 at $194,850 posts ROI 28.77% with $477/mo cash flow from $1,577/mo rent. Total monthly income equals $1,577/mo, and annual cash flow records $5,722/yr on $64,593 to close. Return on cash invested measures 28.77% and rental yield reads 9.71% at the current $194,850. Equity gained on principal adds $1,257/yr, and 5% annual appreciation supports $53,833 by year five. Five-year ROI prints 149.63% and total cumulative return in cash totals $96,647.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,577/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1969
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36322, Daleville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,476 (100%) |
| Owner Occupied HU | 2,234 (49.9%) |
| Renter Occupied HU | 1,621 (36.2%) |
| Vacant Housing Units | 621 (13.9%) |
| Median Home Value | $144,384 |
| Average Home Value | $153,189 |
Housing Distribution
Address Breakdown
Residential
4,006
Single Family
3,972
Multi-Family
34
Businesses
360
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Listed by: Alex Arriaga • 1st Class Real Estate Wiregrass
Mls Name: WBOR
Mls ID: #552531
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.