105 Charleston Mills Dr #L7PIRMidland CityAL36350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 #L7PIR, Midland City, AL, 36350 with 5% annual appreciation on a $621,800 basis while $5,058/mo rent supports operations. Total monthly income totals $5,058/mo and a $3,043/mo payment preserves $1,549/mo for cash returns. Annual cash flow comes to $18,584/yr on $204,572 deployed, and return on cash invested reaches 29.14% in year one. Equity gained on principal adds $4,012/yr, and five-year appreciation sums $171,792 alongside rental yield of 9.76%. Five-year ROI measures 151.61% and total cumulative return in cash totals $310,156.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,058/mo property income versus a $3,043/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A