1316 County Road 60NotasulgaAL36866
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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 Notasulga at 1316 County Road 60, Notasulga, AL, 36866 uses $49,692 cash to close to unlock $7,123/yr annual cash flow and $594/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $734/mo payment keeps the spread at $594/mo. Purchase price stands at $149,900, and rental yield measures 11.53% with $1,440/mo rent. Return on cash invested shows 34.24% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 179.04% and total cumulative return in cash records $88,967. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1978
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36866, Notasulga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,013 (100%) |
| Owner Occupied HU | 1,394 (69.2%) |
| Renter Occupied HU | 400 (19.9%) |
| Vacant Housing Units | 219 (10.9%) |
| Median Home Value | $120,859 |
| Average Home Value | $166,298 |
Housing Distribution
Address Breakdown
Residential
1,644
Single Family
1,644
Multi-Family
0
Businesses
80
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