109 Locust StTuskegee InstituteAL36088
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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 Tuskegee Institute at 109 Locust St, Tuskegee Institute, AL, 36088 generates $780/mo in rent, after a $1,174/mo payment. Total monthly income is $780/mo. Return on cash invested sits at 11.25% in year one, and rental yield is 3.9% on a $239,950 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,294 over five years. Five-year ROI reaches 55.76% and total cumulative return in cash sums $44,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $780/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36088, Tuskegee Institute, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,925 (100%) |
| Owner Occupied HU | 645 (33.5%) |
| Renter Occupied HU | 790 (41.0%) |
| Vacant Housing Units | 490 (25.5%) |
| Median Home Value | $108,848 |
| Average Home Value | $159,973 |
Housing Distribution
Address Breakdown
Residential
1,276
Single Family
1,011
Multi-Family
265
Businesses
36
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Listed by: Ollye Gibbs • Best Move Realty, LLC.
Mls Name: MAAR
Mls ID: #581451