29401 State Highway 251ArdmoreAL35739
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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 Ardmore at 29401 State Highway 251, Ardmore, AL, 35739 offers a 7.27% rental yield on a $300,000 purchase with $1,818/mo rent. Total monthly income registers $1,818/mo, and a $1,468/mo payment leaves $125/mo available for distribution. Annual cash flow reaches $1,500/yr on $99,450 to close, and return on cash invested stands at 21.42% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 110.2% and total cumulative return in cash at $109,596. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,818/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
12.55 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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