601 Studdard DrClantonAL35045
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
Rental property for sale in Clanton at 601 Studdard Dr, Clanton, AL, 35045 priced at $229,900 pairs $1,306/mo rent with $9/mo cash flow after a $1,125/mo payment. Total monthly income equals $1,306/mo, and annual cash flow comes to $103/yr on $76,212 invested. Return on cash invested is 20.04% in year one, and rental yield stands at 6.82% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. Five-year ROI measures 102.88% and total cumulative return in cash reaches $78,407. For financing, Ziffy Mortgage’s DSCR program evaluates $1,306/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35045, Clanton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,508 (100%) |
| Owner Occupied HU | 4,206 (64.6%) |
| Renter Occupied HU | 1,727 (26.5%) |
| Vacant Housing Units | 575 ( 8.8%) |
| Median Home Value | $184,369 |
| Average Home Value | $199,867 |
Housing Distribution
Address Breakdown
Residential
6,540
Single Family
6,452
Multi-Family
88
Businesses
600
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Listed by: Amber Darnell-Gray • RealtySouth - Chilton II
Mls Name: GALMLS
Mls Provider:
Mls ID: #21404231
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.