131 Pilgrim LnMunfordAL36268
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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 Munford at 131 Pilgrim Ln, Munford, AL, 36268 with 5% annual appreciation on a $163,499 basis while $1,281/mo rent supports operations. Total monthly income totals $1,281/mo and a $800/mo payment preserves $358/mo for cash returns. Annual cash flow comes to $4,301/yr on $54,200 deployed, and return on cash invested reaches 27.84% in year one. Equity gained on principal adds $1,055/yr, and five-year appreciation sums $45,172 alongside rental yield of 9.4%. Five-year ROI measures 144.72% and total cumulative return in cash totals $78,440.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,281/mo property income versus a $800/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36268, Munford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,401 (100%) |
| Owner Occupied HU | 1,819 (75.8%) |
| Renter Occupied HU | 374 (15.6%) |
| Vacant Housing Units | 208 ( 8.7%) |
| Median Home Value | $150,463 |
| Average Home Value | $175,752 |
Housing Distribution
Address Breakdown
Residential
2,221
Single Family
2,221
Multi-Family
0
Businesses
87
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Listed by: Kevin Kipler • Keller Williams Realty Group
Mls Name: GALMLS
Mls Provider:
Mls ID: #21399151
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.