275 Foster RdKennedyAL35574
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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 Kennedy at 275 Foster Rd, Kennedy, AL, 35574 offers $789/mo rent that, after a $489/mo payment, leaves $225/mo cash flow. Total monthly income is $789/mo, and annual cash flow is $2,700/yr on $33,150 cash. Return on cash invested measures 28.05% in year one, and rental yield stands at 9.47% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 145.79% and total cumulative return in cash reaches $48,328. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $789/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
5.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35574, Kennedy, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 697 (100%) |
| Owner Occupied HU | 489 (70.2%) |
| Renter Occupied HU | 105 (15.1%) |
| Vacant Housing Units | 103 (14.8%) |
| Median Home Value | $174,202 |
| Average Home Value | $201,007 |
Housing Distribution
Address Breakdown
Residential
635
Single Family
635
Multi-Family
0
Businesses
17
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Listed by: Vanessa Lockhart • Three Pines Property Mgt.
Mls Name: WAMLS
Mls Provider:
Mls ID: #168145
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.