28008 State Highway 251ArdmoreAL35739
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 Ardmore at 28008 State Highway 251, Ardmore, AL, 35739 offers a 8% rental yield on a $218,000 purchase with $1,454/mo rent. Total monthly income registers $1,454/mo, and a $1,067/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,682/yr on $72,267 to close, and return on cash invested stands at 23.62% in year one. Equity gained on principal adds $1,407/yr while 5% annual appreciation supports $60,229 over five years. Portfolio math shows five-year ROI at 122.06% and total cumulative return in cash at $88,207. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,454/mo property income against a $1,067/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35739, Ardmore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,385 (100%) |
| Owner Occupied HU | 1,718 (72.0%) |
| Renter Occupied HU | 508 (21.3%) |
| Vacant Housing Units | 159 ( 6.7%) |
| Median Home Value | $265,580 |
| Average Home Value | $305,860 |
Housing Distribution
Address Breakdown
Residential
2,466
Single Family
2,438
Multi-Family
28
Businesses
136
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