10861 County Road 59VerbenaAL36091
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 Verbena at 10861 County Road 59, Verbena, AL, 36091 offers a 11.74% rental yield on a $135,000 purchase with $1,321/mo rent. Total monthly income registers $1,321/mo, and a $661/mo payment leaves $559/mo available for distribution. Annual cash flow reaches $6,705/yr on $44,753 to close, and return on cash invested stands at 34.89% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 182.5% and total cumulative return in cash at $81,673. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,321/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
1.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36091, Verbena, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,733 (100%) |
| Owner Occupied HU | 1,190 (68.7%) |
| Renter Occupied HU | 349 (20.1%) |
| Vacant Housing Units | 194 (11.2%) |
| Median Home Value | $122,826 |
| Average Home Value | $207,876 |
Housing Distribution
Address Breakdown
Residential
1,691
Single Family
1,691
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Candace Kromer • EXIT Royal Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21406196
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.