3 Taylor PlTroyAL36079
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 Troy at 3 Taylor Pl, Troy, AL, 36079 uses $43,095 cash to close to unlock $3,102/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $992/mo, and a $636/mo payment keeps the spread at $259/mo. Purchase price stands at $130,000, and rental yield measures 9.16% with $992/mo rent. Return on cash invested shows 27.11% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 140.79% and total cumulative return in cash records $60,675. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $992/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 2007
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36079, Troy, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,002 (100%) |
| Owner Occupied HU | 3,081 (61.6%) |
| Renter Occupied HU | 1,450 (29.0%) |
| Vacant Housing Units | 471 ( 9.4%) |
| Median Home Value | $192,287 |
| Average Home Value | $214,284 |
Housing Distribution
Address Breakdown
Residential
4,610
Single Family
4,163
Multi-Family
447
Businesses
139
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices