LOT 8 County Road 448Crane HillAL35053
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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 Crane Hill at LOT 8 County Road 448, Crane Hill, AL, 35053 priced at $1,200,000 converts $4,380/mo rent into after a $5,873/mo obligation. Total monthly income equals $4,380/mo. Return on cash invested prints 12.98% in year one, and rental yield reads 4.38% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 64.87% and total cumulative return in cash sums $252,215. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,380/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35053, Crane Hill, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,576 (100%) |
| Owner Occupied HU | 1,246 (48.4%) |
| Renter Occupied HU | 155 ( 6.0%) |
| Vacant Housing Units | 1,175 (45.6%) |
| Median Home Value | $293,506 |
| Average Home Value | $397,325 |
Housing Distribution
Address Breakdown
Residential
2,140
Single Family
2,130
Multi-Family
10
Businesses
34
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Listed by: Ginger Busby • LAH - Homewood
Mls Name: GALMLS
Mls Provider:
Mls ID: #21403405
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.