523 County Road 1215VinemontAL35179
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 Vinemont at 523 County Road 1215, Vinemont, AL, 35179 uses $43,095 cash to close to unlock $3,138/yr annual cash flow and $262/mo monthly cash flow. Total monthly income runs $995/mo, and a $636/mo payment keeps the spread at $262/mo. Purchase price stands at $130,000, and rental yield measures 9.18% with $995/mo rent. Return on cash invested shows 27.19% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 141.24% and total cumulative return in cash records $60,867. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $995/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in 2013
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35179, Vinemont, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,138 (100%) |
| Owner Occupied HU | 3,133 (75.7%) |
| Renter Occupied HU | 745 (18.0%) |
| Vacant Housing Units | 260 ( 6.3%) |
| Median Home Value | $234,165 |
| Average Home Value | $305,290 |
Housing Distribution
Address Breakdown
Residential
4,121
Single Family
4,121
Multi-Family
0
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LINDSEY RAY • Weichert Realtors Cullman
Mls Name: Strategic MLS Alliance
Mls ID: #523968
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.