LOT 10 The Cottages At Smith LakeHoustonAL35572
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Houston at LOT 10 The Cottages At Smith Lake, Houston, AL, 35572 generates $0/mo in rent, after a $1,463/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -0.52% in year one, and rental yield is 0% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35572, Houston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 786 (100%) |
| Owner Occupied HU | 368 (46.8%) |
| Renter Occupied HU | 71 ( 9.0%) |
| Vacant Housing Units | 347 (44.1%) |
| Median Home Value | $288,095 |
| Average Home Value | $312,989 |
Housing Distribution
Address Breakdown
Residential
574
Single Family
574
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Joseph A Carter • Joseph Carter Realty
Mls Name: Walker County Area MLS
Mls ID: #25-914
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. Copyright 2025 Walker County Area MLS, All rights reserved.