117 Plantation RdMonroevilleAL36460
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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 Monroeville at 117 Plantation Rd, Monroeville, AL, 36460 offers $594/mo rent that, after a $685/mo payment. Total monthly income is $594/mo. Return on cash invested measures 14.84% in year one, and rental yield stands at 5.09% at a $140,000 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,679 by year five. Five-year ROI records 74.95% and total cumulative return in cash reaches $34,786. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $594/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36460, Monroeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,919 (100%) |
| Owner Occupied HU | 2,845 (57.8%) |
| Renter Occupied HU | 1,296 (26.3%) |
| Vacant Housing Units | 778 (15.8%) |
| Median Home Value | $172,455 |
| Average Home Value | $206,851 |
Housing Distribution
Address Breakdown
Residential
4,271
Single Family
3,954
Multi-Family
317
Businesses
392
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Listed by: Rodie M. Ruffin • RODIE'S REALTY
Mls Name: Monroe County BOR
Mls Provider:
Mls ID: #17419
Disclaimer: Copyright Monroe County Real Estate Association, Inc. All rights reserved. Information is deemed reliable but not guaranteed.