105 Charleston Mills Dr #JUWW4JMidland CityAL36350
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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 Midland City at 105 Charleston Mills Dr #JUWW4J, Midland City, AL, 36350 uses $133,197 cash to close to unlock $11,252/yr annual cash flow and $938/mo monthly cash flow. Total monthly income runs $3,206/mo, and a $1,967/mo payment keeps the spread at $938/mo. Purchase price stands at $401,800, and rental yield measures 9.57% with $3,206/mo rent. Return on cash invested shows 28.36% in year one, and 5% annual appreciation builds toward $111,010 over five years. Five-year ROI reaches 147.43% and total cumulative return in cash records $196,373. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,206/mo property income covering a $1,967/mo payment rather than investor’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36350, Midland City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,921 (100%) |
| Owner Occupied HU | 2,450 (62.5%) |
| Renter Occupied HU | 1,205 (30.7%) |
| Vacant Housing Units | 266 ( 6.8%) |
| Median Home Value | $165,761 |
| Average Home Value | $239,031 |
Housing Distribution
Address Breakdown
Residential
3,568
Single Family
3,286
Multi-Family
282
Businesses
128
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A