2484 County Road 1223VinemontAL35179
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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 Vinemont at 2484 County Road 1223, Vinemont, AL, 35179 uses $49,723 cash to close to unlock $4,194/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $1,196/mo, and a $734/mo payment keeps the spread at $350/mo. Purchase price stands at $149,995, and rental yield measures 9.57% with $1,196/mo rent. Return on cash invested shows 28.34% in year one, and 5% annual appreciation builds toward $41,441 over five years. Five-year ROI reaches 147.39% and total cumulative return in cash records $73,288. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,196/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 2016
3.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35179, Vinemont, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,138 (100%) |
| Owner Occupied HU | 3,133 (75.7%) |
| Renter Occupied HU | 745 (18.0%) |
| Vacant Housing Units | 260 ( 6.3%) |
| Median Home Value | $234,165 |
| Average Home Value | $305,290 |
Housing Distribution
Address Breakdown
Residential
4,121
Single Family
4,121
Multi-Family
0
Businesses
165
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Listed by: CLIFF GLANSEN • FLATFEE.COM
Mls Name: Strategic MLS Alliance
Mls ID: #524248
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.