5908 Steiner Store RdHonoravilleAL36042
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 Honoraville at 5908 Steiner Store Rd, Honoraville, AL, 36042 listed at $133,000 pairs $1,469/mo rent with a $651/mo payment to leave $718/mo cash flow. Total monthly income runs $1,469/mo, and annual cash flow reaches $8,619/yr on $44,090 cash to close. Return on cash invested measures 39.46% in year one, and rental yield registers 13.25% at a $133,000 basis. Equity gained on principal adds $858/yr, and annual property appreciation at 5% supports $36,745 by year five. Five-year ROI tracks 207.06% and total cumulative return in cash totals $91,293. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,469/mo property income relative to a $651/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36042, Honoraville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 657 (100%) |
| Owner Occupied HU | 438 (66.7%) |
| Renter Occupied HU | 117 (17.8%) |
| Vacant Housing Units | 102 (15.5%) |
| Median Home Value | $126,471 |
| Average Home Value | $148,151 |
Housing Distribution
Address Breakdown
Residential
640
Single Family
640
Multi-Family
0
Businesses
15
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A