299 McElroy DrWoodstockAL35188
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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 Woodstock at 299 McElroy Dr, Woodstock, AL, 35188 generates $1,020/mo in rent, after a $1,640/mo payment. Total monthly income is $1,020/mo. Return on cash invested sits at 10.49% in year one, and rental yield is 3.65% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 51.65% and total cumulative return in cash sums $57,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35188, Woodstock, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,239 (100%) |
| Owner Occupied HU | 886 (71.5%) |
| Renter Occupied HU | 219 (17.7%) |
| Vacant Housing Units | 134 (10.8%) |
| Median Home Value | $195,640 |
| Average Home Value | $222,280 |
Housing Distribution
Address Breakdown
Residential
1,111
Single Family
1,111
Multi-Family
0
Businesses
132
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