1355 Morrison RdEqualityAL36026
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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 Equality at 1355 Morrison Rd, Equality, AL, 36026 offers a 2.58% rental yield on a $1,925,000 purchase with $4,142/mo rent. 43% in year one. Equity gained on principal adds $12,422/yr while 5% annual appreciation supports $531,842 over five years. Portfolio math shows five-year ROI at 35.11% and total cumulative return in cash at $219,004. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,142/mo property income against a $9,422/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36026, Equality, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 976 (100%) |
| Owner Occupied HU | 458 (46.9%) |
| Renter Occupied HU | 62 ( 6.4%) |
| Vacant Housing Units | 456 (46.7%) |
| Median Home Value | $370,492 |
| Average Home Value | $526,316 |
Housing Distribution
Address Breakdown
Residential
626
Single Family
626
Multi-Family
0
Businesses
13
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