8517 County Road 946Crane 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
Investment property for sale in Crane Hill at 8517 County Road 946, Crane Hill, AL, 35053 uses $56,322 cash to close to unlock $8,407/yr annual cash flow and $701/mo monthly cash flow. Total monthly income runs $1,660/mo, and a $832/mo payment keeps the spread at $701/mo. Purchase price stands at $169,900, and rental yield measures 11.72% with $1,660/mo rent. Return on cash invested shows 34.84% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 182.19% and total cumulative return in cash records $102,614. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,660/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
2 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: Carole King • BJC R.E. CULLMAN OFFICE
Mls Name: Strategic MLS Alliance
Mls ID: #522114
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.