657 County Road 188ClantonAL35046
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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
Total monthly income runs $1,284/mo, and a $1,708/mo payment. Purchase price stands at $349,000, and rental yield measures 4.41% with $1,284/mo rent. Return on cash invested shows 12.39% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 61.93% and total cumulative return in cash records $71,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,284/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.46 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: Bob Kuykendall • ARC Realty 280
Mls Name: GALMLS
Mls Provider:
Mls ID: #21416927
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.