24380 Bethleham RdRed LevelAL36474
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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 Red Level at 24380 Bethleham Rd, Red Level, AL, 36474 earns $500/mo cash flow from $2,899/mo rent with a $2,080/mo payment. Total monthly income totals $2,899/mo, and annual cash flow totals $6,003/yr on $140,888 capital. ROI tracks 24.17% on current figures, and rental yield reads 8.19% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 124.99% and total cumulative return in cash sums $176,093. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,899/mo property income instead of your personal income.
Single Family
Built in 2005
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36474, Red Level, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 945 (64.3%) |
| Renter Occupied HU | 210 (14.3%) |
| Vacant Housing Units | 314 (21.4%) |
| Median Home Value | $150,248 |
| Average Home Value | $191,788 |
Housing Distribution
Address Breakdown
Residential
1,250
Single Family
1,250
Multi-Family
0
Businesses
34
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Listed by: Justin L Stovall • 21St Century Realty
Mls Name: Covington AOR
Mls Provider:
Mls ID: #25222
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.