912 4th AveRaglandAL35131
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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 Ragland at 912 4th Ave, Ragland, AL, 35131 uses $65,969 cash to close to unlock $4,593/yr annual cash flow and $383/mo monthly cash flow. Total monthly income runs $1,506/mo, and a $974/mo payment keeps the spread at $383/mo. Purchase price stands at $199,000, and rental yield measures 9.08% with $1,506/mo rent. Return on cash invested shows 26.87% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 139.48% and total cumulative return in cash records $92,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,506/mo property income covering a $974/mo payment rather than investor’s personal income.
Manufactured
Built in 1950
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35131, Ragland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,878 (100%) |
| Owner Occupied HU | 1,349 (71.8%) |
| Renter Occupied HU | 313 (16.7%) |
| Vacant Housing Units | 216 (11.5%) |
| Median Home Value | $199,702 |
| Average Home Value | $237,767 |
Housing Distribution
Address Breakdown
Residential
1,699
Single Family
1,699
Multi-Family
0
Businesses
67
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Listed by: Julie Luker • Keller Williams Pell City
Mls Name: GALMLS
Mls Provider:
Mls ID: #21379428
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.