0 E Bayou RdBay MinetteAL36507
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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 Bay Minette at 0 E Bayou Rd, Bay Minette, AL, 36507 priced at $170,700 converts $1,962/mo rent into $999/mo cash flow after a $835/mo obligation. Total monthly income equals $1,962/mo, and annual cash flow totals $11,988/yr on $56,587 invested. Return on cash invested prints 41.09% in year one, and rental yield reads 13.79% against a $170,700 entry. Equity gained on principal adds $1,102/yr, while 5% annual appreciation compiles into $47,161 by year five. Five-year ROI reaches 215.71% and total cumulative return in cash sums $122,065. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,962/mo property income covering a $835/mo payment, not borrower’s personal income.
Single Family
Built in N/A
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36507, Bay Minette, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,008 (100%) |
| Owner Occupied HU | 5,931 (65.8%) |
| Renter Occupied HU | 1,994 (22.1%) |
| Vacant Housing Units | 1,083 (12.0%) |
| Median Home Value | $244,654 |
| Average Home Value | $269,012 |
Housing Distribution
Address Breakdown
Residential
7,944
Single Family
7,570
Multi-Family
374
Businesses
647
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Listed by: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #7310379