28 Glenwood WaySmiths StationAL36877
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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 Smiths Station at 28 Glenwood Way, Smiths Station, AL, 36877 earns $586/mo cash flow from $3,146/mo rent with a $2,220/mo payment. Total monthly income totals $3,146/mo, and annual cash flow totals $7,030/yr on $150,368 capital. ROI tracks 24.58% on current figures, and rental yield reads 8.32% at a $453,600 purchase. Equity gained on principal adds $2,927/yr, and 5% annual appreciation supports $125,321 over five years. Five-year ROI reaches 127.19% and total cumulative return in cash sums $191,252. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,146/mo property income instead of your personal income.
Single Family
Built in 2015
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36877, Smiths, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,603 (100%) |
| Owner Occupied HU | 3,741 (66.8%) |
| Renter Occupied HU | 1,540 (27.5%) |
| Vacant Housing Units | 322 ( 5.7%) |
| Median Home Value | $289,532 |
| Average Home Value | $326,925 |
Housing Distribution
Address Breakdown
Residential
5,334
Single Family
5,052
Multi-Family
282
Businesses
243
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Listed by: Norman Hardman • Prestige Property Brokers
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E99081
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.