280 Turtle Rock DrRaglandAL35131
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
Rental property for sale in Ragland at 280 Turtle Rock Dr, Ragland, AL, 35131 priced at $750,000 pairs $4,724/mo rent with $491/mo cash flow after a $3,671/mo payment. Total monthly income equals $4,724/mo, and annual cash flow comes to $5,886/yr on $246,750 invested. Return on cash invested is 22.45% in year one, and rental yield stands at 7.56% on a $750,000 basis. Equity gained on principal adds $4,840/yr, and 5% annual appreciation accumulates to $207,211 by year five. Five-year ROI measures 115.69% and total cumulative return in cash reaches $285,474. For financing, Ziffy Mortgage’s DSCR program evaluates $4,724/mo property income against a $3,671/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
6.20 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
Listed by: Donna Breland • Signature Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21398691
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.