615 Sledmere DrKillenAL35645
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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
Investment property for sale in Killen at 615 Sledmere Dr, Killen, AL, 35645 uses $120,666 cash to close to unlock $3,768/yr annual cash flow and $314/mo monthly cash flow. Total monthly income runs $2,369/mo, and a $1,782/mo payment keeps the spread at $314/mo. Purchase price stands at $364,000, and rental yield measures 7.81% with $2,369/mo rent. Return on cash invested shows 23.03% in year one, and 5% annual appreciation builds toward $100,566 over five years. Five-year ROI reaches 118.86% and total cumulative return in cash records $143,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,369/mo property income covering a $1,782/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35645, Killen, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,102 (100%) |
| Owner Occupied HU | 4,615 (75.6%) |
| Renter Occupied HU | 943 (15.5%) |
| Vacant Housing Units | 544 ( 8.9%) |
| Median Home Value | $274,541 |
| Average Home Value | $326,071 |
Housing Distribution
Address Breakdown
Residential
6,017
Single Family
6,017
Multi-Family
0
Businesses
289
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Listed by: Pam Minetree • The Agency on Pine
Mls Name: Strategic MLS Alliance
Mls ID: #518828
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.