10 Locklin Ave, Monroeville, AL, 36460 | $339/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Monroeville at 10 Locklin Ave, Monroeville, AL, 36460 with 5% annual appreciation on a $110,000 basis while $959/mo rent supports operations. Total monthly income totals $959/mo and a $538/mo payment preserves $339/mo for cash returns. Annual cash flow comes to $4,062/yr on $36,465 deployed, and return on cash invested reaches 31.05% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 10.46%. Five-year ROI measures 161.91% and total cumulative return in cash totals $59,040.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $959/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1972

0.72 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 36460, Monroeville, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,919 (100%)
Owner Occupied HU	2,845 (57.8%)
Renter Occupied HU	1,296 (26.3%)
Vacant Housing Units	778 (15.8%)
Median Home Value	$172,455
Average Home Value	$206,851