1516 County Road 79MidwayAL36053
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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 Midway at 1516 County Road 79, Midway, AL, 36053 earns from $0/mo rent with a $634/mo payment. Total monthly income totals $0/mo. ROI tracks -0.53% on current figures, and rental yield reads 0% at a $129,500 purchase. Equity gained on principal adds $836/yr, and 5% annual appreciation supports $35,778 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 2025
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36053, Midway, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 990 (100%) |
| Owner Occupied HU | 602 (60.8%) |
| Renter Occupied HU | 185 (18.7%) |
| Vacant Housing Units | 203 (20.5%) |
| Median Home Value | $103,889 |
| Average Home Value | $156,827 |
Housing Distribution
Address Breakdown
Residential
849
Single Family
846
Multi-Family
3
Businesses
54
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No similar rental properties found nearby.
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