151 Dowdle StMillportAL35576
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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 Millport at 151 Dowdle St, Millport, AL, 35576 listed at $100,000 pairs $781/mo rent with a $489/mo payment to leave $217/mo cash flow. Total monthly income runs $781/mo, and annual cash flow reaches $2,604/yr on $33,150 cash to close. Return on cash invested measures 27.76% in year one, and rental yield registers 9.37% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 144.23% and total cumulative return in cash totals $47,812. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $781/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35576, Millport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,592 (100%) |
| Owner Occupied HU | 1,054 (66.2%) |
| Renter Occupied HU | 275 (17.3%) |
| Vacant Housing Units | 263 (16.5%) |
| Median Home Value | $151,773 |
| Average Home Value | $174,386 |
Housing Distribution
Address Breakdown
Residential
1,310
Single Family
1,310
Multi-Family
0
Businesses
59
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