119 Spruce AveBrewtonAL36426
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Brewton at 119 Spruce Ave, Brewton, AL, 36426 uses $55,361 cash to close to unlock $10,735/yr annual cash flow and $895/mo monthly cash flow. Total monthly income runs $1,884/mo, and a $817/mo payment keeps the spread at $895/mo. Purchase price stands at $167,000, and rental yield measures 13.54% with $1,884/mo rent. Return on cash invested shows 39.3% in year one, and 5% annual appreciation builds toward $46,139 over five years. Five-year ROI reaches 206.51% and total cumulative return in cash records $114,327. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,884/mo property income covering a $817/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36426, Brewton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,552 (100%) |
| Owner Occupied HU | 4,632 (61.3%) |
| Renter Occupied HU | 1,917 (25.4%) |
| Vacant Housing Units | 1,003 (13.3%) |
| Median Home Value | $135,154 |
| Average Home Value | $171,459 |
Housing Distribution
Address Breakdown
Residential
6,666
Single Family
6,401
Multi-Family
265
Businesses
458
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Baker • Hines Realty, LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #380448
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.