116 County Road 29 RdPrattvilleAL36067
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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 Prattville at 116 County Road 29 Rd, Prattville, AL, 36067 earns $219/mo cash flow from $1,348/mo rent with a $979/mo payment. Total monthly income totals $1,348/mo, and annual cash flow totals $2,628/yr on $66,300 capital. ROI tracks 23.87% on current figures, and rental yield reads 8.09% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 123.38% and total cumulative return in cash sums $81,800. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,348/mo property income instead of your personal income.
Single Family
Built in 2002
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36067, Prattville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,851 (100%) |
| Owner Occupied HU | 8,099 (68.3%) |
| Renter Occupied HU | 2,648 (22.3%) |
| Vacant Housing Units | 1,104 ( 9.3%) |
| Median Home Value | $205,070 |
| Average Home Value | $237,005 |
Housing Distribution
Address Breakdown
Residential
11,346
Single Family
11,255
Multi-Family
91
Businesses
605
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Listed by: Matthew R. McMullin • Real Broker, LLC.
Mls Name: MAAR
Mls ID: #581763