63 Laurel Wood DrSmiths StationAL36877
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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
Rental property for sale in Smiths Station at 63 Laurel Wood Dr, Smiths Station, AL, 36877 generates $2,522/mo in rent and, after a $1,370/mo payment, leaves $942/mo in cash flow. Total monthly income is $2,522/mo, and annual cash flow is $11,304/yr on $92,820 invested. Return on cash invested sits at 32.09% in year one, and rental yield is 10.81% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 167.42% and total cumulative return in cash sums $155,397. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,522/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36877, Smiths, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,603 (100%) |
| Owner Occupied HU | 3,741 (66.8%) |
| Renter Occupied HU | 1,540 (27.5%) |
| Vacant Housing Units | 322 ( 5.7%) |
| Median Home Value | $289,532 |
| Average Home Value | $326,925 |
Housing Distribution
Address Breakdown
Residential
5,334
Single Family
5,052
Multi-Family
282
Businesses
243
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Listed by: Riley Manasek • Keller Williams Realty River C
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E100529
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.