1034 Midway Estates RdJacksons GapAL36861
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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
Investment property for sale in Jacksons Gap at 1034 Midway Estates Rd, Jacksons Gap, AL, 36861 earns $893/mo cash flow from $1,513/mo rent with a $538/mo payment. Total monthly income totals $1,513/mo, and annual cash flow totals $10,710/yr on $36,465 capital. ROI tracks 49.28% on current figures, and rental yield reads 16.51% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 259.68% and total cumulative return in cash sums $94,692. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,513/mo property income instead of your personal income.
Manufactured
Built in 1974
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36861, Jacksons Gap, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,355 (100%) |
| Owner Occupied HU | 1,365 (58.0%) |
| Renter Occupied HU | 242 (10.3%) |
| Vacant Housing Units | 748 (31.8%) |
| Median Home Value | $302,632 |
| Average Home Value | $400,185 |
Housing Distribution
Address Breakdown
Residential
1,914
Single Family
1,914
Multi-Family
0
Businesses
49
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Listed by: Cindy Surrey • 21St Century Realty
Mls Name: Covington AOR
Mls Provider:
Mls ID: #25313
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.