38 Strickland DrWoodstockAL35188
Nearby investment properties with comparable rents
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 Woodstock at 38 Strickland Dr, Woodstock, AL, 35188 listed at $159,000 pairs $1,235/mo rent with a $778/mo payment to leave $338/mo cash flow. Total monthly income runs $1,235/mo, and annual cash flow reaches $4,053/yr on $52,709 cash to close. Return on cash invested measures 27.6% in year one, and rental yield registers 9.32% at a $159,000 basis. Equity gained on principal adds $1,026/yr, and annual property appreciation at 5% supports $43,929 by year five. Five-year ROI tracks 143.36% and total cumulative return in cash totals $75,564. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,235/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35188, Woodstock, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,239 (100%) |
| Owner Occupied HU | 886 (71.5%) |
| Renter Occupied HU | 219 (17.7%) |
| Vacant Housing Units | 134 (10.8%) |
| Median Home Value | $195,640 |
| Average Home Value | $222,280 |
Housing Distribution
Address Breakdown
Residential
1,111
Single Family
1,111
Multi-Family
0
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grant Linhart • Cotton State Realty, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413777
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.