566 Dry Hollow Rd ECentrevilleAL35042
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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
Rental property for sale in Centreville at 566 Dry Hollow Rd E, Centreville, AL, 35042 priced at $202,500 converts $1,694/mo rent into $551/mo cash flow after a $991/mo obligation. Total monthly income equals $1,694/mo, and annual cash flow totals $6,613/yr on $67,129 invested. Return on cash invested prints 29.76% in year one, and rental yield reads 10.04% against a $202,500 entry. Equity gained on principal adds $1,307/yr, while 5% annual appreciation compiles into $55,947 by year five. Five-year ROI reaches 155.02% and total cumulative return in cash sums $104,065. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,694/mo property income covering a $991/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35042, Centreville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,618 (100%) |
| Owner Occupied HU | 1,547 (59.1%) |
| Renter Occupied HU | 707 (27.0%) |
| Vacant Housing Units | 364 (13.9%) |
| Median Home Value | $161,572 |
| Average Home Value | $182,723 |
Housing Distribution
Address Breakdown
Residential
2,545
Single Family
2,545
Multi-Family
0
Businesses
240
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Listed by: Iva Claire • Claire Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21435836
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.