379 Water Tank RdUnion GroveAL35175
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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 Union Grove at 379 Water Tank Rd, Union Grove, AL, 35175 priced at $159,000 converts $1,708/mo rent into $811/mo cash flow after a $778/mo obligation. Total monthly income equals $1,708/mo, and annual cash flow totals $9,729/yr on $52,709 invested. Return on cash invested prints 38.37% in year one, and rental yield reads 12.89% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 201.14% and total cumulative return in cash sums $106,020. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,708/mo property income covering a $778/mo payment, not borrower’s personal income.
Manufactured
Built in 2003
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35175, Union Grove, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,393 (100%) |
| Owner Occupied HU | 1,817 (75.9%) |
| Renter Occupied HU | 355 (14.8%) |
| Vacant Housing Units | 221 ( 9.2%) |
| Median Home Value | $263,039 |
| Average Home Value | $306,187 |
Housing Distribution
Address Breakdown
Residential
2,346
Single Family
2,346
Multi-Family
0
Businesses
66
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Listed by: Robin D Green • EXIT Lake & Country Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #519013
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.