10548 State Highway 21 S #FTFort DepositAL36032
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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 Fort Deposit at 10548 State Highway 21 S #FT, Fort Deposit, AL, 36032 offers a 9.54% rental yield on a $145,000 purchase with $1,153/mo rent. Total monthly income registers $1,153/mo, and a $710/mo payment leaves $334/mo available for distribution. Annual cash flow reaches $4,011/yr on $48,068 to close, and return on cash invested stands at 28.25% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 146.94% and total cumulative return in cash at $70,628. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,153/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1914
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36032, Fort Deposit, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,024 (100%) |
| Owner Occupied HU | 634 (61.9%) |
| Renter Occupied HU | 270 (26.4%) |
| Vacant Housing Units | 120 (11.7%) |
| Median Home Value | $76,267 |
| Average Home Value | $103,833 |
Housing Distribution
Address Breakdown
Residential
730
Single Family
680
Multi-Family
50
Businesses
56
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Listed by: Glenn P Cooper • First Realty of Greenvile, Inc.
Mls Name: Covington AOR
Mls Provider:
Mls ID: #24291
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.