45 Union RdSomervilleAL35670
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 Somerville at 45 Union Rd, Somerville, AL, 35670 at $149,900 posts ROI 34.9% with $621/mo cash flow from $1,467/mo rent. Total monthly income equals $1,467/mo, and annual cash flow records $7,447/yr on $49,692 to close. Return on cash invested measures 34.9% and rental yield reads 11.74% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 182.49% and total cumulative return in cash totals $90,683.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,467/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35670, Somerville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,599 (100%) |
| Owner Occupied HU | 2,718 (75.5%) |
| Renter Occupied HU | 532 (14.8%) |
| Vacant Housing Units | 349 ( 9.7%) |
| Median Home Value | $260,526 |
| Average Home Value | $262,934 |
Housing Distribution
Address Breakdown
Residential
3,357
Single Family
3,357
Multi-Family
0
Businesses
141
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Nearby investment properties with comparable prices
Listed by: Richard T Neese • RTN Enterprises LLC/The Richard Neese Team
Mls Name: Strategic MLS Alliance
Mls ID: #526172