1061 Ben Pate RdBlackAL36314
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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 Black at 1061 Ben Pate Rd, Black, AL, 36314 generates $0/mo in rent, after a $778/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -0.52% in year one, and rental yield is 0% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Manufactured
Built in 2012
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36314, Black, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 346 (100%) |
| Owner Occupied HU | 238 (68.8%) |
| Renter Occupied HU | 59 (17.1%) |
| Vacant Housing Units | 49 (14.2%) |
| Median Home Value | $119,048 |
| Average Home Value | $129,454 |
Housing Distribution
Address Breakdown
Residential
259
Single Family
259
Multi-Family
0
Businesses
12
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No similar rental properties found nearby.
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Listed by: CARMEN BEASLEY • UNITED COUNTRY FULFORD REALTY
Mls Name: Wiregrass BOR
Mls ID: #553630
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.