8 Flat Rock CvCrane HillAL35053
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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 Crane Hill at 8 Flat Rock Cv, Crane Hill, AL, 35053 offers $1,582/mo rent that, after a $489/mo payment, leaves $1,018/mo cash flow. Total monthly income is $1,582/mo, and annual cash flow is $12,216/yr on $33,150 cash. Return on cash invested measures 56.76% in year one, and rental yield stands at 18.98% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 299.7% and total cumulative return in cash reaches $99,352. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,582/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35053, Crane Hill, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,576 (100%) |
| Owner Occupied HU | 1,246 (48.4%) |
| Renter Occupied HU | 155 ( 6.0%) |
| Vacant Housing Units | 1,175 (45.6%) |
| Median Home Value | $293,506 |
| Average Home Value | $397,325 |
Housing Distribution
Address Breakdown
Residential
2,140
Single Family
2,130
Multi-Family
10
Businesses
34
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Listed by: Justin Dyar • Lake Homes Realty
Mls Name: Walker County Area MLS
Mls ID: #23-727
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. Copyright 2024 Walker County Area MLS, All rights reserved.