96 Elders RdVincentAL35178
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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 Vincent at 96 Elders Rd, Vincent, AL, 35178 priced at $129,000 converts $986/mo rent into $258/mo cash flow after a $631/mo obligation. Total monthly income equals $986/mo, and annual cash flow totals $3,099/yr on $42,764 invested. Return on cash invested prints 27.16% in year one, and rental yield reads 9.17% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 141.07% and total cumulative return in cash sums $60,325. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $986/mo property income covering a $631/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35178, Vincent, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,839 (100%) |
| Owner Occupied HU | 1,324 (72.0%) |
| Renter Occupied HU | 270 (14.7%) |
| Vacant Housing Units | 245 (13.3%) |
| Median Home Value | $260,993 |
| Average Home Value | $282,891 |
Housing Distribution
Address Breakdown
Residential
1,555
Single Family
1,555
Multi-Family
0
Businesses
48
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