107 Cherokee DrPrattvilleAL36067
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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 Prattville at 107 Cherokee Dr, Prattville, AL, 36067 offers a 4.25% rental yield on a $574,900 purchase with $2,034/mo rent. 38% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,834 over five years. Portfolio math shows five-year ROI at 61.69% and total cumulative return in cash at $116,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,034/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36067, Prattville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,851 (100%) |
| Owner Occupied HU | 8,099 (68.3%) |
| Renter Occupied HU | 2,648 (22.3%) |
| Vacant Housing Units | 1,104 ( 9.3%) |
| Median Home Value | $205,070 |
| Average Home Value | $237,005 |
Housing Distribution
Address Breakdown
Residential
11,346
Single Family
11,255
Multi-Family
91
Businesses
605
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Listed by: Susanne Zimbelman • Exit Realty Preferred
Mls Name: MAAR
Mls Provider:
Mls ID: #573892
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