120 3rd Ave NRanburneAL36273
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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 Ranburne at 120 3rd Ave N, Ranburne, AL, 36273 generates $1,242/mo in rent and, after a $726/mo payment, leaves $405/mo in cash flow. Total monthly income is $1,242/mo, and annual cash flow is $4,856/yr on $49,195 invested. Return on cash invested sits at 29.78% in year one, and rental yield is 10.04% on a $148,400 entry. Equity gained on principal adds $958/yr, while 5% annual appreciation builds toward $41,000 over five years. Five-year ROI reaches 155.06% and total cumulative return in cash sums $76,280. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,242/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36273, Ranburne, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,399 (100%) |
| Owner Occupied HU | 1,019 (72.8%) |
| Renter Occupied HU | 273 (19.5%) |
| Vacant Housing Units | 107 ( 7.6%) |
| Median Home Value | $257,308 |
| Average Home Value | $265,260 |
Housing Distribution
Address Breakdown
Residential
1,327
Single Family
1,327
Multi-Family
0
Businesses
91
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