0 County Road 309SkippervilleAL36374
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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 Skipperville at 0 County Road 309, Skipperville, AL, 36374 priced at $599,000 converts $0/mo rent into after a $2,932/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -0.53% in year one, and rental yield reads 0% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in N/A
225 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36374, Skipperville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 468 (100%) |
| Owner Occupied HU | 336 (71.8%) |
| Renter Occupied HU | 50 (10.7%) |
| Vacant Housing Units | 82 (17.5%) |
| Median Home Value | $119,444 |
| Average Home Value | $154,940 |
Housing Distribution
Address Breakdown
Residential
525
Single Family
525
Multi-Family
0
Businesses
15
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No similar rental properties found nearby.
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Listed by: Dalton Dalrymple • Farm & Forest Brokers
Mls Name: REALSTACK
Mls ID: #87076