2484 Daniels DrDouble 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
Rental property for sale in Double Springs at 2484 Daniels Dr, Double Springs, AL, 35553 generates $1,919/mo in rent and, after a $1,189/mo payment, leaves $548/mo in cash flow. Total monthly income is $1,919/mo, and annual cash flow is $6,573/yr on $80,555 invested. Return on cash invested sits at 28.07% in year one, and rental yield is 9.48% on a $243,000 entry. Equity gained on principal adds $1,568/yr, while 5% annual appreciation builds toward $67,136 over five years. Five-year ROI reaches 145.89% and total cumulative return in cash sums $117,524. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,919/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.37 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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Listed by: Rebecca A. Darden • Prime Properties - Darden Real Estate
Mls Name: Walker County Area MLS
Mls ID: #25-1595