1000 E Three Notch StAndalusiaAL36420
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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 Andalusia at 1000 E Three Notch St, Andalusia, AL, 36420 offers $1,744/mo rent that, after a $1,052/mo payment, leaves $373/mo cash flow. Total monthly income is $1,744/mo, and annual cash flow is $4,473/yr on $71,273 cash. Return on cash invested measures 26.18% in year one, and rental yield stands at 9.73% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 136.75% and total cumulative return in cash reaches $97,465. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,744/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36420, Andalusia, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,481 (100%) |
| Owner Occupied HU | 3,159 (57.6%) |
| Renter Occupied HU | 1,431 (26.1%) |
| Vacant Housing Units | 891 (16.3%) |
| Median Home Value | $197,120 |
| Average Home Value | $227,225 |
Housing Distribution
Address Breakdown
Residential
4,749
Single Family
4,679
Multi-Family
70
Businesses
842
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Listed by: Wynne W. Glenn • BASS AGENCY REAL ESTATE
Mls Name: Covington AOR
Mls Provider:
Mls ID: #23017
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