1204 Confederate CirMonroevilleAL36460
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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 Monroeville at 1204 Confederate Cir, Monroeville, AL, 36460 uses $56,322 cash to close to unlock $8,491/yr annual cash flow and $708/mo monthly cash flow. Total monthly income runs $1,667/mo, and a $832/mo payment keeps the spread at $708/mo. Purchase price stands at $169,900, and rental yield measures 11.77% with $1,667/mo rent. Return on cash invested shows 34.98% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 183% and total cumulative return in cash records $103,070. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,667/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.34 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: Martha Nall • OMNI AGENCY
Mls Name: Monroe County BOR
Mls ID: #17527