588 Red Valley RdRemlapAL35133
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 Remlap at 588 Red Valley Rd, Remlap, AL, 35133 at $259,900 posts ROI 23.67% with $270/mo cash flow from $1,737/mo rent. Total monthly income equals $1,737/mo, and annual cash flow records $3,241/yr on $86,157 to close. Return on cash invested measures 23.67% and rental yield reads 8.02% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 122.36% and total cumulative return in cash totals $105,418.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,737/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35133, Remlap, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,808 (100%) |
| Owner Occupied HU | 1,388 (76.8%) |
| Renter Occupied HU | 255 (14.1%) |
| Vacant Housing Units | 165 ( 9.1%) |
| Median Home Value | $182,353 |
| Average Home Value | $211,041 |
Housing Distribution
Address Breakdown
Residential
1,718
Single Family
1,718
Multi-Family
0
Businesses
55
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