124 Russell DrSelmaAL36701
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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 Selma at 124 Russell Dr, Selma, AL, 36701 generates $2,111/mo in rent and, after a $842/mo payment, leaves $1,057/mo in cash flow. Total monthly income is $2,111/mo, and annual cash flow is $12,682/yr on $57,018 invested. Return on cash invested sits at 42.15% in year one, and rental yield is 14.73% on a $172,000 entry. Equity gained on principal adds $1,110/yr, while 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 222.04% and total cumulative return in cash sums $126,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,111/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36701, Selma, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,227 (100%) |
| Owner Occupied HU | 5,463 (53.4%) |
| Renter Occupied HU | 3,399 (33.2%) |
| Vacant Housing Units | 1,365 (13.3%) |
| Median Home Value | $114,721 |
| Average Home Value | $152,100 |
Housing Distribution
Address Breakdown
Residential
9,214
Single Family
8,267
Multi-Family
947
Businesses
715
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