The Franklin Plan, Walker's HillMeridianvilleAL35759
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 Meridianville at The Franklin Plan, Walker's Hill, Meridianville, AL, 35759 priced at $269,900 converts $2,320/mo rent into $797/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,320/mo, and annual cash flow totals $9,559/yr on $89,472 invested. Return on cash invested prints 30.59% in year one, and rental yield reads 10.31% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 159.42% and total cumulative return in cash sums $142,638. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,320/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35759, Meridianville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,413 (100%) |
| Owner Occupied HU | 4,647 (85.8%) |
| Renter Occupied HU | 536 ( 9.9%) |
| Vacant Housing Units | 230 ( 4.2%) |
| Median Home Value | $317,342 |
| Average Home Value | $350,392 |
Housing Distribution
Address Breakdown
Residential
5,332
Single Family
5,332
Multi-Family
0
Businesses
235
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Davidson Homes - Huntsville Region
Mls Name: Davidson Homes, Inc.
Mls Provider:
Mls ID: #N/A