121 Mims Rd, Monroeville, AL, 36460 | $32/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1469 sft

74 Sugar Hill Rd, Monroeville, AL, 36460

2 Bed
1 Bath
1200 sft

856 County Road 30, Peterman, AL, 36471

3 Bed
2 Bath
1330 sft

378 Jones Ave, Monroeville, AL, 36460

2 Bed
2 Bath
960 sft

4948 Maiben Lake Rd, Franklin, AL, 36444

Nearby investment properties with comparable prices

$ 208,000

ROI

Cash Flow/m

3 Bed
2 Bath
2101 sft

185 Pecan St, Uriah, AL, 36480

4 Bed
2 Bath
1620 sft

770 Arena Rd, Frisco City, AL, 36445

3 Bed
3 Bath
1760 sft

152 Melvin Rd, Monroeville, AL, 36460

3 Bed
2 Bath
1876 sft

2729 Joe Reeves Rd, Castleberry, AL, 36432

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Monroeville at 121 Mims Rd, Monroeville, AL, 36460 priced at $239,500 pairs $1,384/mo rent with $32/mo cash flow after a $1,172/mo payment. Total monthly income equals $1,384/mo, and annual cash flow comes to $389/yr on $79,394 invested. Return on cash invested is 20.4% in year one, and rental yield stands at 6.93% on a $239,500 basis. Equity gained on principal adds $1,545/yr, and 5% annual appreciation accumulates to $66,169 by year five. Five-year ROI measures 104.77% and total cumulative return in cash reaches $83,185. For financing, Ziffy Mortgage’s DSCR program evaluates $1,384/mo property income against a $1,172/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1968

2 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