29393 Carnaby LnToneyAL35773
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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 Toney at 29393 Carnaby Ln, Toney, AL, 35773 earns $486/mo cash flow from $2,528/mo rent with a $1,771/mo payment. Total monthly income totals $2,528/mo, and annual cash flow totals $5,828/yr on $119,937 capital. ROI tracks 24.77% on current figures, and rental yield reads 8.38% at a $361,800 purchase. Equity gained on principal adds $2,335/yr, and 5% annual appreciation supports $99,959 over five years. Five-year ROI reaches 128.19% and total cumulative return in cash sums $153,743. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,528/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35773, Toney, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,984 (100%) |
| Owner Occupied HU | 4,797 (80.2%) |
| Renter Occupied HU | 842 (14.1%) |
| Vacant Housing Units | 345 ( 5.8%) |
| Median Home Value | $288,999 |
| Average Home Value | $321,629 |
Housing Distribution
Address Breakdown
Residential
5,954
Single Family
5,954
Multi-Family
0
Businesses
171
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