3692 Vanderbilt WayFultondaleAL35068
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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 Fultondale at 3692 Vanderbilt Way, Fultondale, AL, 35068 offers a 7.96% rental yield on a $444,900 purchase with $2,952/mo rent. Total monthly income registers $2,952/mo, and a $2,178/mo payment leaves $440/mo available for distribution. Annual cash flow reaches $5,284/yr on $147,484 to close, and return on cash invested stands at 23.49% in year one. Equity gained on principal adds $2,871/yr while 5% annual appreciation supports $122,918 over five years. Portfolio math shows five-year ROI at 121.35% and total cumulative return in cash at $178,969. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,952/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35068, Fultondale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 2,448 (60.4%) |
| Renter Occupied HU | 1,370 (33.8%) |
| Vacant Housing Units | 232 ( 5.7%) |
| Median Home Value | $219,331 |
| Average Home Value | $237,145 |
Housing Distribution
Address Breakdown
Residential
3,875
Single Family
3,234
Multi-Family
641
Businesses
289
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Listed by: Yvonne Bolaji • EXIT Realty Sweet HOMElife
Mls Name: GALMLS
Mls ID: #21429593