377 Shoal Creek RdArabAL35016
Nearby investment properties with comparable rents
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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 Arab at 377 Shoal Creek Rd, Arab, AL, 35016 offers $1,309/mo rent that, after a $1,145/mo payment. Total monthly income is $1,309/mo. Return on cash invested measures 19.73% in year one, and rental yield stands at 6.71% at a $234,000 entry. Equity gained on principal adds $1,510/yr while 5% annual appreciation compounds into $64,650 by year five. Five-year ROI records 101.19% and total cumulative return in cash reaches $78,495. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,309/mo property income versus a $1,145/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35016, Arab, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,914 (100%) |
| Owner Occupied HU | 5,520 (69.7%) |
| Renter Occupied HU | 1,893 (23.9%) |
| Vacant Housing Units | 501 ( 6.3%) |
| Median Home Value | $222,561 |
| Average Home Value | $269,948 |
Housing Distribution
Address Breakdown
Residential
7,656
Single Family
7,333
Multi-Family
323
Businesses
643
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