361 Holland LoopSmiths StationAL36877
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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
Investment property for sale in Smiths Station at 361 Holland Loop, Smiths Station, AL, 36877 uses $149,971 cash to close to unlock $2,750/yr annual cash flow and $229/mo monthly cash flow. Total monthly income runs $2,820/mo, and a $2,214/mo payment keeps the spread at $229/mo. Purchase price stands at $452,400, and rental yield measures 7.48% with $2,820/mo rent. Return on cash invested shows 21.74% in year one, and 5% annual appreciation builds toward $124,990 over five years. Five-year ROI reaches 112.1% and total cumulative return in cash records $168,111. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,820/mo property income covering a $2,214/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.34 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36877, Smiths, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,603 (100%) |
| Owner Occupied HU | 3,741 (66.8%) |
| Renter Occupied HU | 1,540 (27.5%) |
| Vacant Housing Units | 322 ( 5.7%) |
| Median Home Value | $289,532 |
| Average Home Value | $326,925 |
Housing Distribution
Address Breakdown
Residential
5,334
Single Family
5,052
Multi-Family
282
Businesses
243
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Listed by: Haley Adams • Platinum Properties
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E99745
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.