10899 Nathan Jordan RdMillryAL36558
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 Millry at 10899 Nathan Jordan Rd, Millry, AL, 36558 listed at $499,900 pairs $3,320/mo rent with a $2,447/mo payment to leave $498/mo cash flow. Total monthly income runs $3,320/mo, and annual cash flow reaches $5,977/yr on $165,717 cash to close. Return on cash invested measures 23.52% in year one, and rental yield registers 7.97% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 121.49% and total cumulative return in cash totals $201,324. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,320/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36558, Millry, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 1,192 (68.0%) |
| Renter Occupied HU | 201 (11.5%) |
| Vacant Housing Units | 361 (20.6%) |
| Median Home Value | $160,816 |
| Average Home Value | $163,903 |
Housing Distribution
Address Breakdown
Residential
1,500
Single Family
1,500
Multi-Family
0
Businesses
78
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices