26776 Highway 195Double 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
Investment property for sale in Double Springs at 26776 Highway 195, Double Springs, AL, 35553 earns $235/mo cash flow from $912/mo rent with a $587/mo payment. Total monthly income totals $912/mo, and annual cash flow totals $2,821/yr on $39,747 capital. ROI tracks 27.01% on current figures, and rental yield reads 9.13% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 140.33% and total cumulative return in cash sums $55,776. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $912/mo property income instead of your personal income.
Single Family
Built in N/A
1.90 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: Kimberly Kilpatrick • Joseph Carter Realty
Mls Name: Walker County Area MLS
Mls ID: #24-2010