63 Avery Hancock DrRemlapAL35133
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 Remlap at 63 Avery Hancock Dr, Remlap, AL, 35133 priced at $250,000 pairs $1,604/mo rent with $193/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,604/mo, and annual cash flow comes to $2,310/yr on $82,875 invested. Return on cash invested is 22.7% in year one, and rental yield stands at 7.7% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 117.09% and total cumulative return in cash reaches $97,042. For financing, Ziffy Mortgage’s DSCR program evaluates $1,604/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
3.70 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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