513 Boyd Springs RdRamerAL36046
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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 Ramer at 513 Boyd Springs Rd, Ramer, AL, 36046 with 5% annual appreciation on a $100,000 basis while $774/mo rent supports operations. Total monthly income totals $774/mo and a $489/mo payment preserves $210/mo for cash returns. Annual cash flow comes to $2,520/yr on $33,150 deployed, and return on cash invested reaches 27.51% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 9.29%. Five-year ROI measures 142.85% and total cumulative return in cash totals $47,356.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $774/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36046, Lapine, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 691 (100%) |
| Owner Occupied HU | 501 (72.5%) |
| Renter Occupied HU | 101 (14.6%) |
| Vacant Housing Units | 89 (12.9%) |
| Median Home Value | $161,968 |
| Average Home Value | $172,246 |
Housing Distribution
Address Breakdown
Residential
664
Single Family
664
Multi-Family
0
Businesses
22
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