11 Wilkins RdSelmaAL36701
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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
Investment property for sale in Selma at 11 Wilkins Rd, Selma, AL, 36701 uses $74,886 cash to close to unlock $4,518/yr annual cash flow and $376/mo monthly cash flow. Total monthly income runs $1,663/mo, and a $1,106/mo payment keeps the spread at $376/mo. Purchase price stands at $225,900, and rental yield measures 8.83% with $1,663/mo rent. Return on cash invested shows 25.94% in year one, and 5% annual appreciation builds toward $62,412 over five years. Five-year ROI reaches 134.56% and total cumulative return in cash records $100,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,663/mo property income covering a $1,106/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36701, Selma, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,227 (100%) |
| Owner Occupied HU | 5,463 (53.4%) |
| Renter Occupied HU | 3,399 (33.2%) |
| Vacant Housing Units | 1,365 (13.3%) |
| Median Home Value | $114,721 |
| Average Home Value | $152,100 |
Housing Distribution
Address Breakdown
Residential
9,214
Single Family
8,267
Multi-Family
947
Businesses
715
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Listed by: Kent Woodruff • Cornerstone Realty LLC.
Mls Name: MAAR
Mls Provider:
Mls ID: #576564
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