27 Piney Ridge StDoraAL35062
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 Dora at 27 Piney Ridge St, Dora, AL, 35062 earns $50/mo cash flow from $1,828/mo rent with a $1,542/mo payment. Total monthly income totals $1,828/mo, and annual cash flow totals $597/yr on $104,423 capital. ROI tracks 20.48% on current figures, and rental yield reads 6.96% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 105.2% and total cumulative return in cash sums $109,853. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,828/mo property income instead of your personal income.
Single Family
Built in 1969
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35062, Dora, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,538 (100%) |
| Owner Occupied HU | 2,666 (75.4%) |
| Renter Occupied HU | 578 (16.3%) |
| Vacant Housing Units | 294 ( 8.3%) |
| Median Home Value | $222,170 |
| Average Home Value | $234,752 |
Housing Distribution
Address Breakdown
Residential
3,492
Single Family
3,396
Multi-Family
96
Businesses
135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Pernell • Keller Williams Metro South
Mls Name: GALMLS
Mls Provider:
Mls ID: #21424291
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.