517 Simms Dr ESaralandAL36571
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Rental property for sale in Saraland at 517 Simms Dr E, Saraland, AL, 36571 priced at $248,000 pairs $0/mo rent with after a $1,214/mo payment. Total monthly income equals $0/mo. Return on cash invested is -0.53% in year one, and rental yield stands at 0% on a $248,000 basis. Equity gained on principal adds $1,600/yr, and 5% annual appreciation accumulates to $68,518 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,214/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36571, Saraland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 4,858 (67.6%) |
| Renter Occupied HU | 1,840 (25.6%) |
| Vacant Housing Units | 485 ( 6.8%) |
| Median Home Value | $226,544 |
| Average Home Value | $253,096 |
Housing Distribution
Address Breakdown
Residential
7,051
Single Family
6,242
Multi-Family
809
Businesses
737
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices