545 Kincaid Cove LnOdenvilleAL35120
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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 Odenville at 545 Kincaid Cove Ln, Odenville, AL, 35120 offers a 10.93% rental yield on a $217,000 purchase with $1,976/mo rent. Total monthly income registers $1,976/mo, and a $1,062/mo payment leaves $751/mo available for distribution. Annual cash flow reaches $9,015/yr on $71,936 to close, and return on cash invested stands at 32.44% in year one. Equity gained on principal adds $1,400/yr while 5% annual appreciation supports $59,953 over five years. Portfolio math shows five-year ROI at 169.39% and total cumulative return in cash at $121,853. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,976/mo property income against a $1,062/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35120, Odenville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,018 (100%) |
| Owner Occupied HU | 5,719 (81.5%) |
| Renter Occupied HU | 859 (12.2%) |
| Vacant Housing Units | 440 ( 6.3%) |
| Median Home Value | $239,131 |
| Average Home Value | $254,224 |
Housing Distribution
Address Breakdown
Residential
7,023
Single Family
7,023
Multi-Family
0
Businesses
233
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