250 Harris LnRaglandAL35131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ragland at 250 Harris Ln, Ragland, AL, 35131 offers a 8.13% rental yield on a $275,000 purchase with $1,862/mo rent. Total monthly income registers $1,862/mo, and a $1,346/mo payment leaves $310/mo available for distribution. Annual cash flow reaches $3,717/yr on $91,163 to close, and return on cash invested stands at 23.99% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 124% and total cumulative return in cash at $113,039. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,862/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35131, Ragland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,878 (100%) |
| Owner Occupied HU | 1,349 (71.8%) |
| Renter Occupied HU | 313 (16.7%) |
| Vacant Housing Units | 216 (11.5%) |
| Median Home Value | $199,702 |
| Average Home Value | $237,767 |
Housing Distribution
Address Breakdown
Residential
1,699
Single Family
1,699
Multi-Family
0
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices