137 Bishop DrMillbrookAL36054
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Millbrook at 137 Bishop Dr, Millbrook, AL, 36054 at $239,900 posts ROI 29.17% with $614/mo cash flow from $1,968/mo rent. Total monthly income equals $1,968/mo, and annual cash flow records $7,369/yr on $79,527 to close. Return on cash invested measures 29.17% and rental yield reads 9.84% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 151.87% and total cumulative return in cash totals $120,775.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,968/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36054, Millbrook, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,676 (100%) |
| Owner Occupied HU | 4,286 (64.2%) |
| Renter Occupied HU | 2,097 (31.4%) |
| Vacant Housing Units | 293 ( 4.4%) |
| Median Home Value | $212,523 |
| Average Home Value | $233,007 |
Housing Distribution
Address Breakdown
Residential
6,189
Single Family
5,416
Multi-Family
773
Businesses
567
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