115 N Main StAtmoreAL36502
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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 Atmore at 115 N Main St, Atmore, AL, 36502 generates $1,751/mo in rent and, after a $1,318/mo payment, leaves $96/mo in cash flow. Total monthly income is $1,751/mo, and annual cash flow is $1,158/yr on $89,250 invested. Return on cash invested sits at 21.21% in year one, and rental yield is 7.8% on a $269,230 entry. Equity gained on principal adds $1,737/yr, while 5% annual appreciation builds toward $74,383 over five years. Five-year ROI reaches 109.75% and total cumulative return in cash sums $97,955. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,751/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 1905
4,530 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36502, Atmore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,598 (100%) |
| Owner Occupied HU | 4,436 (58.4%) |
| Renter Occupied HU | 2,196 (28.9%) |
| Vacant Housing Units | 966 (12.7%) |
| Median Home Value | $150,761 |
| Average Home Value | $170,867 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,691
Multi-Family
255
Businesses
559
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