7467 Martin RdAdgerAL35006
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 Adger at 7467 Martin Rd, Adger, AL, 35006 priced at $189,900 converts $1,429/mo rent into $358/mo cash flow after a $929/mo obligation. Total monthly income equals $1,429/mo, and annual cash flow totals $4,291/yr on $62,952 invested. Return on cash invested prints 26.73% in year one, and rental yield reads 9.03% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 138.7% and total cumulative return in cash sums $87,317. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,429/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1951
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35006, Adger, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,575 (100%) |
| Owner Occupied HU | 1,076 (68.3%) |
| Renter Occupied HU | 187 (11.9%) |
| Vacant Housing Units | 312 (19.8%) |
| Median Home Value | $206,838 |
| Average Home Value | $245,704 |
Housing Distribution
Address Breakdown
Residential
1,586
Single Family
1,586
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tina Marie Harris • Keller Williams Metro South
Mls Name: GALMLS
Mls Provider:
Mls ID: #21403585
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.