152 Melvin Rd, Monroeville, AL, 36460 | $196/mo Cash Flow

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Monroeville at 152 Melvin Rd, Monroeville, AL, 36460 priced at $209,900 pairs $1,380/mo rent with $196/mo cash flow after a $1,027/mo payment. Total monthly income equals $1,380/mo, and annual cash flow comes to $2,347/yr on $69,582 invested. Return on cash invested is 23.28% in year one, and rental yield stands at 7.89% on a $209,900 basis. Equity gained on principal adds $1,354/yr, and 5% annual appreciation accumulates to $57,992 by year five. Five-year ROI measures 120.23% and total cumulative return in cash reaches $83,660. For financing, Ziffy Mortgage’s DSCR program evaluates $1,380/mo property income against a $1,027/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1991

0.48 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 36460, Monroeville, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,919 (100%)
Owner Occupied HU	2,845 (57.8%)
Renter Occupied HU	1,296 (26.3%)
Vacant Housing Units	778 (15.8%)
Median Home Value	$172,455
Average Home Value	$206,851