45 W HighlandVincentAL35178
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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 Vincent at 45 W Highland, Vincent, AL, 35178 uses $72,599 cash to close to unlock $5,416/yr annual cash flow and $451/mo monthly cash flow. Total monthly income runs $1,704/mo, and a $1,072/mo payment keeps the spread at $451/mo. Purchase price stands at $219,000, and rental yield measures 9.34% with $1,704/mo rent. Return on cash invested shows 27.37% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 142.26% and total cumulative return in cash records $103,281. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,704/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1915
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35178, Vincent, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,839 (100%) |
| Owner Occupied HU | 1,324 (72.0%) |
| Renter Occupied HU | 270 (14.7%) |
| Vacant Housing Units | 245 (13.3%) |
| Median Home Value | $260,993 |
| Average Home Value | $282,891 |
Housing Distribution
Address Breakdown
Residential
1,555
Single Family
1,555
Multi-Family
0
Businesses
48
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Listed by: Judy Naugle • Realty 2000
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413907
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.