402 W Shriver AveSummerdaleAL36580
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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 Summerdale at 402 W Shriver Ave, Summerdale, AL, 36580 with 5% annual appreciation on a $354,990 basis while $2,100/mo rent supports operations. Total monthly income totals $2,100/mo and a $1,738/mo payment preserves $97/mo for cash returns. Annual cash flow comes to $1,161/yr on $117,679 deployed, and return on cash invested reaches 20.9% in year one. Equity gained on principal adds $2,291/yr, and five-year appreciation sums $98,077 alongside rental yield of 7.1%. Five-year ROI measures 107.42% and total cumulative return in cash totals $126,416.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,100/mo property income versus a $1,738/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36580, Summerdale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,090 (100%) |
| Owner Occupied HU | 2,223 (71.9%) |
| Renter Occupied HU | 548 (17.7%) |
| Vacant Housing Units | 319 (10.3%) |
| Median Home Value | $342,723 |
| Average Home Value | $409,308 |
Housing Distribution
Address Breakdown
Residential
2,647
Single Family
2,647
Multi-Family
0
Businesses
221
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Listed by: Lisa Strickland • Lennar Homes Coastal Realty, L
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #381516
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.