340 Cane Creek RdAnnistonAL36206
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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 Anniston at 340 Cane Creek Rd, Anniston, AL, 36206 generates $1,687/mo in rent, after a $1,673/mo payment. Total monthly income is $1,687/mo. Return on cash invested sits at 16.98% in year one, and rental yield is 5.92% on a $341,900 entry. Equity gained on principal adds $2,206/yr, while 5% annual appreciation builds toward $94,461 over five years. Five-year ROI reaches 86.57% and total cumulative return in cash sums $98,115. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,687/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
10.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36206, Anniston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,087 (100%) |
| Owner Occupied HU | 3,173 (62.4%) |
| Renter Occupied HU | 1,404 (27.6%) |
| Vacant Housing Units | 510 (10.0%) |
| Median Home Value | $136,507 |
| Average Home Value | $194,038 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,603
Multi-Family
218
Businesses
224
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