2915 County Road 56VinaAL35593
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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 Vina at 2915 County Road 56, Vina, AL, 35593 generates $1,441/mo in rent and, after a $709/mo payment, leaves $623/mo in cash flow. Total monthly income is $1,441/mo, and annual cash flow is $7,480/yr on $48,034 invested. Return on cash invested sits at 35.48% in year one, and rental yield is 11.93% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 185.72% and total cumulative return in cash sums $89,209. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,441/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35593, Vina, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 857 (100%) |
| Owner Occupied HU | 588 (68.6%) |
| Renter Occupied HU | 118 (13.8%) |
| Vacant Housing Units | 151 (17.6%) |
| Median Home Value | $166,761 |
| Average Home Value | $188,363 |
Housing Distribution
Address Breakdown
Residential
797
Single Family
797
Multi-Family
0
Businesses
21
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Listed by: Tracy Nunley • RE/MAX Infinity
Mls Name: Strategic MLS Alliance
Mls ID: #523112
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.