551 Bethel RdVernonAL35592
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 Vernon at 551 Bethel Rd, Vernon, AL, 35592 at $215,900 posts ROI 21.8% with $113/mo cash flow from $1,332/mo rent. Total monthly income equals $1,332/mo, and annual cash flow records $1,357/yr on $71,571 to close. Return on cash invested measures 21.8% and rental yield reads 7.4% at the current $215,900. Equity gained on principal adds $1,393/yr, and 5% annual appreciation supports $59,649 by year five. Five-year ROI prints 112.38% and total cumulative return in cash totals $80,432.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,332/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2023
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35592, Vernon, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,274 (100%) |
| Owner Occupied HU | 1,364 (60.0%) |
| Renter Occupied HU | 535 (23.5%) |
| Vacant Housing Units | 375 (16.5%) |
| Median Home Value | $136,699 |
| Average Home Value | $159,173 |
Housing Distribution
Address Breakdown
Residential
1,749
Single Family
1,709
Multi-Family
40
Businesses
201
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