110 Mariners RdEqualityAL36026
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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 Equality at 110 Mariners Rd, Equality, AL, 36026 priced at $599,000 converts $1,704/mo rent into after a $2,932/mo obligation. Total monthly income equals $1,704/mo. Return on cash invested prints 9.85% in year one, and rental yield reads 3.41% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 48.13% and total cumulative return in cash sums $94,846. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,704/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36026, Equality, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 976 (100%) |
| Owner Occupied HU | 458 (46.9%) |
| Renter Occupied HU | 62 ( 6.4%) |
| Vacant Housing Units | 456 (46.7%) |
| Median Home Value | $370,492 |
| Average Home Value | $526,316 |
Housing Distribution
Address Breakdown
Residential
626
Single Family
626
Multi-Family
0
Businesses
13
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