703 51st RdGrantAL35747
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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 Grant at 703 51st Rd, Grant, AL, 35747 listed at $255,000 pairs $1,992/mo rent with a $1,248/mo payment to leave $544/mo cash flow. Total monthly income runs $1,992/mo, and annual cash flow reaches $6,528/yr on $84,533 cash to close. Return on cash invested measures 27.63% in year one, and rental yield registers 9.37% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 143.66% and total cumulative return in cash totals $121,436. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,992/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35747, Grant, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,950 (100%) |
| Owner Occupied HU | 2,058 (69.8%) |
| Renter Occupied HU | 463 (15.7%) |
| Vacant Housing Units | 429 (14.5%) |
| Median Home Value | $289,329 |
| Average Home Value | $335,220 |
Housing Distribution
Address Breakdown
Residential
2,752
Single Family
2,726
Multi-Family
26
Businesses
116
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Listed by: Lucy Helton • Leading Edge RE Group-Gtsv.
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21863378
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