1361 McConnell LnMount OliveAL35117
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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 Mount Olive at 1361 McConnell Ln, Mount Olive, AL, 35117 at $271,500 posts ROI 28.42% with $638/mo cash flow from $2,176/mo rent. Total monthly income equals $2,176/mo, and annual cash flow records $7,661/yr on $90,002 to close. Return on cash invested measures 28.42% and rental yield reads 9.62% at the current $271,500. Equity gained on principal adds $1,752/yr, and 5% annual appreciation supports $75,010 by year five. Five-year ROI prints 147.83% and total cumulative return in cash totals $133,048.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,176/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35117, Mount Olive, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,686 (100%) |
| Owner Occupied HU | 2,258 (84.1%) |
| Renter Occupied HU | 289 (10.8%) |
| Vacant Housing Units | 139 ( 5.2%) |
| Median Home Value | $290,234 |
| Average Home Value | $310,559 |
Housing Distribution
Address Breakdown
Residential
2,629
Single Family
2,629
Multi-Family
0
Businesses
55
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Listed by: Fleur Robinson • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21399121
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.