11 Running Bear DrSmiths StationAL36877
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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 Smiths Station at 11 Running Bear Dr, Smiths Station, AL, 36877 generates $2,012/mo in rent and, after a $1,164/mo payment, leaves $670/mo in cash flow. Total monthly income is $2,012/mo, and annual cash flow is $8,035/yr on $78,864 invested. Return on cash invested sits at 30.1% in year one, and rental yield is 10.15% on a $237,900 entry. Equity gained on principal adds $1,535/yr, while 5% annual appreciation builds toward $65,727 over five years. Five-year ROI reaches 156.78% and total cumulative return in cash sums $123,639. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,012/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36877, Smiths, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,603 (100%) |
| Owner Occupied HU | 3,741 (66.8%) |
| Renter Occupied HU | 1,540 (27.5%) |
| Vacant Housing Units | 322 ( 5.7%) |
| Median Home Value | $289,532 |
| Average Home Value | $326,925 |
Housing Distribution
Address Breakdown
Residential
5,334
Single Family
5,052
Multi-Family
282
Businesses
243
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Listed by: DONNA LONG • REAL BROKER LLC TEAM LONG
Mls Name: LCMLS
Mls ID: #173865
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.