64 County Road 1024ClantonAL35046
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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 Clanton at 64 County Road 1024, Clanton, AL, 35046 generates $2,251/mo in rent, after a $3,425/mo payment. Total monthly income is $2,251/mo. Return on cash invested sits at 11.2% in year one, and rental yield is 3.86% on a $699,700 entry. Equity gained on principal adds $4,515/yr, while 5% annual appreciation builds toward $193,314 over five years. Five-year ROI reaches 55.43% and total cumulative return in cash sums $127,589. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,251/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35046, Clanton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,678 (100%) |
| Owner Occupied HU | 1,780 (66.5%) |
| Renter Occupied HU | 403 (15.0%) |
| Vacant Housing Units | 495 (18.5%) |
| Median Home Value | $184,633 |
| Average Home Value | $211,666 |
Housing Distribution
Address Breakdown
Residential
2,501
Single Family
2,501
Multi-Family
0
Businesses
307
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Listed by: Lea Corley • Keller Williams Metro South
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413296
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.