310 Allene WayMeridianvilleAL35759
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
Rental property for sale in Meridianville at 310 Allene Way, Meridianville, AL, 35759 priced at $293,980 pairs $1,974/mo rent with $315/mo cash flow after a $1,439/mo payment. Total monthly income equals $1,974/mo, and annual cash flow comes to $3,774/yr on $97,454 invested. Return on cash invested is 23.78% in year one, and rental yield stands at 8.06% on a $293,980 basis. Equity gained on principal adds $1,897/yr, and 5% annual appreciation accumulates to $81,221 by year five. Five-year ROI measures 122.92% and total cumulative return in cash reaches $119,790. For financing, Ziffy Mortgage’s DSCR program evaluates $1,974/mo property income against a $1,439/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35759, Meridianville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,413 (100%) |
| Owner Occupied HU | 4,647 (85.8%) |
| Renter Occupied HU | 536 ( 9.9%) |
| Vacant Housing Units | 230 ( 4.2%) |
| Median Home Value | $317,342 |
| Average Home Value | $350,392 |
Housing Distribution
Address Breakdown
Residential
5,332
Single Family
5,332
Multi-Family
0
Businesses
235
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Nearby investment properties with comparable prices
Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A