385 Fish Trap RdCropwellAL35054
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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 Cropwell at 385 Fish Trap Rd, Cropwell, AL, 35054 earns from $1,489/mo rent with a $1,884/mo payment. Total monthly income totals $1,489/mo. ROI tracks 13.48% on current figures, and rental yield reads 4.64% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 67.68% and total cumulative return in cash sums $86,374. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,489/mo property income instead of your personal income.
Manufactured
Built in 1993
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35054, Cropwell, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 1,551 (68.2%) |
| Renter Occupied HU | 278 (12.2%) |
| Vacant Housing Units | 444 (19.5%) |
| Median Home Value | $328,886 |
| Average Home Value | $330,409 |
Housing Distribution
Address Breakdown
Residential
2,027
Single Family
2,027
Multi-Family
0
Businesses
140
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Listed by: Laurie Brasher • Fields Gossett Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21423263
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.