898 Riverside DrClantonAL35046
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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 Clanton at 898 Riverside Dr, Clanton, AL, 35046 priced at $184,000 converts $0/mo rent into after a $901/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -0.53% in year one, and rental yield reads 0% against a $184,000 entry. Equity gained on principal adds $1,187/yr, while 5% annual appreciation compiles into $50,836 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $901/mo payment, not borrower’s personal income.
Single Family
Built in 1970
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35046, Clanton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,678 (100%) |
| Owner Occupied HU | 1,780 (66.5%) |
| Renter Occupied HU | 403 (15.0%) |
| Vacant Housing Units | 495 (18.5%) |
| Median Home Value | $184,633 |
| Average Home Value | $211,666 |
Housing Distribution
Address Breakdown
Residential
2,501
Single Family
2,501
Multi-Family
0
Businesses
307
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices