15074 Itea DrMagnolia SpringsAL36555
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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 Magnolia Springs at 15074 Itea Dr, Magnolia Springs, AL, 36555 earns from $3,965/mo rent with a $3,793/mo payment. Total monthly income totals $3,965/mo. ROI tracks 17.43% on current figures, and rental yield reads 6.14% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 89.04% and total cumulative return in cash sums $227,023. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,965/mo property income instead of your personal income.
Single Family
Built in 2024
5,662 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36555, Magnolia Springs, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 351 (100%) |
| Owner Occupied HU | 210 (59.8%) |
| Renter Occupied HU | 52 (14.8%) |
| Vacant Housing Units | 89 (25.4%) |
| Median Home Value | $360,241 |
| Average Home Value | $461,738 |
Housing Distribution
Address Breakdown
Residential
416
Single Family
416
Multi-Family
0
Businesses
73
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Listed by: Jaime Cooper • EXIT Realty Lyon & Assoc.Fhope
Mls Name: GCMLS
Mls Provider:
Mls ID: #7480628
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.