24076 Highway 195Double SpringsAL35553
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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 Double Springs at 24076 Highway 195, Double Springs, AL, 35553 listed at $225,000 pairs $2,023/mo rent with a $1,101/mo payment to leave $753/mo cash flow. Total monthly income runs $2,023/mo, and annual cash flow reaches $9,039/yr on $74,588 cash to close. Return on cash invested measures 32.03% in year one, and rental yield registers 10.79% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 167.16% and total cumulative return in cash totals $124,677. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,023/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35553, Double Springs, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,404 (100%) |
| Owner Occupied HU | 1,438 (59.8%) |
| Renter Occupied HU | 370 (15.4%) |
| Vacant Housing Units | 596 (24.8%) |
| Median Home Value | $92,361 |
| Average Home Value | $160,070 |
Housing Distribution
Address Breakdown
Residential
1,937
Single Family
1,937
Multi-Family
0
Businesses
162
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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