90 Holmes DrFrankvilleAL36538
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 Frankville at 90 Holmes Dr, Frankville, AL, 36538 priced at $249,000 converts $1,975/mo rent into $569/mo cash flow after a $1,219/mo obligation. Total monthly income equals $1,975/mo, and annual cash flow totals $6,831/yr on $82,544 invested. Return on cash invested prints 28.18% in year one, and rental yield reads 9.52% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 146.55% and total cumulative return in cash sums $120,968. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,975/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Single Family
Built in 1985
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36538, Frankville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 311 (100%) |
| Owner Occupied HU | 176 (56.6%) |
| Renter Occupied HU | 35 (11.3%) |
| Vacant Housing Units | 100 (32.2%) |
| Median Home Value | $189,130 |
| Average Home Value | $181,818 |
Housing Distribution
Address Breakdown
Residential
152
Single Family
152
Multi-Family
0
Businesses
5
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Listed by: Julia Brooks • Village Properties
Mls Name: NY State MLS
Mls ID: #11518396