107 Sundance LnMidland 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
Rental property for sale in Midland City at 107 Sundance Ln, Midland City, AL, 36350 offers $1,674/mo rent that, after a $976/mo payment, leaves $548/mo cash flow. Total monthly income is $1,674/mo, and annual cash flow is $6,580/yr on $66,134 cash. Return on cash invested measures 29.86% in year one, and rental yield stands at 10.07% at a $199,500 entry. Equity gained on principal adds $1,287/yr while 5% annual appreciation compounds into $55,118 by year five. Five-year ROI records 155.53% and total cumulative return in cash reaches $102,859. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,674/mo property income versus a $976/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
7,405 sqft 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: Allison Cumbie • Powers Realty Group
Mls Name: SAMLS
Mls ID: #202905
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.