760 Welcome Home 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
Rental property for sale in Grant at 760 Welcome Home Rd, Grant, AL, 35747 priced at $190,000 converts $1,458/mo rent into $386/mo cash flow after a $930/mo obligation. Total monthly income equals $1,458/mo, and annual cash flow totals $4,626/yr on $62,985 invested. Return on cash invested prints 27.25% in year one, and rental yield reads 9.21% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 141.56% and total cumulative return in cash sums $89,160. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,458/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in 1958
1 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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