245 County Road 947Crane HillAL35053
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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 Crane Hill at 245 County Road 947, Crane Hill, AL, 35053 listed at $397,000 pairs $1,711/mo rent with a $1,943/mo payment. Total monthly income runs $1,711/mo. Return on cash invested measures 15.08% in year one, and rental yield registers 5.17% at a $397,000 basis. Equity gained on principal adds $2,562/yr, and annual property appreciation at 5% supports $109,684 by year five. Five-year ROI tracks 76.24% and total cumulative return in cash totals $100,342. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,711/mo property income relative to a $1,943/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35053, Crane Hill, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,576 (100%) |
| Owner Occupied HU | 1,246 (48.4%) |
| Renter Occupied HU | 155 ( 6.0%) |
| Vacant Housing Units | 1,175 (45.6%) |
| Median Home Value | $293,506 |
| Average Home Value | $397,325 |
Housing Distribution
Address Breakdown
Residential
2,140
Single Family
2,130
Multi-Family
10
Businesses
34
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Listed by: MORGAN WRIGHT • REDSTONE REALTY SOLUTIONS - DEC
Mls Name: Strategic MLS Alliance
Mls ID: #519075
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.