363 Turkey BndHoustonAL35572
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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 Houston at 363 Turkey Bnd, Houston, AL, 35572 offers a 7.84% rental yield on a $383,000 purchase with $2,501/mo rent. Total monthly income registers $2,501/mo, and a $1,875/mo payment leaves $339/mo available for distribution. Annual cash flow reaches $4,065/yr on $126,965 to close, and return on cash invested stands at 23.11% in year one. Equity gained on principal adds $2,471/yr while 5% annual appreciation supports $105,816 over five years. Portfolio math shows five-year ROI at 119.3% and total cumulative return in cash at $151,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,501/mo property income against a $1,875/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35572, Houston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 786 (100%) |
| Owner Occupied HU | 368 (46.8%) |
| Renter Occupied HU | 71 ( 9.0%) |
| Vacant Housing Units | 347 (44.1%) |
| Median Home Value | $288,095 |
| Average Home Value | $312,989 |
Housing Distribution
Address Breakdown
Residential
574
Single Family
574
Multi-Family
0
Businesses
12
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