316 Carnation AveMeridianvilleAL35759
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 Meridianville at 316 Carnation Ave, Meridianville, AL, 35759 at $294,550 posts ROI 28.6% with $707/mo cash flow from $2,370/mo rent. Total monthly income equals $2,370/mo, and annual cash flow records $8,485/yr on $97,643 to close. Return on cash invested measures 28.6% and rental yield reads 9.66% at the current $294,550. Equity gained on principal adds $1,901/yr, and 5% annual appreciation supports $81,379 by year five. Five-year ROI prints 148.78% and total cumulative return in cash totals $145,277.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,370/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.26 Acres 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: Susan Cox • Adams Homes LLC
Mls Name: ValleyMLS
Mls ID: #21902668