1560 Military RdMount VernonAL36560
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Rental property for sale in Mount Vernon at 1560 Military Rd, Mount Vernon, AL, 36560 priced at $152,000 converts $0/mo rent into after a $744/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -0.68% in year one, and rental yield reads 0% against a $152,000 entry. Equity gained on principal adds $981/yr, while 5% annual appreciation compiles into $41,995 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $744/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36560, Mount Vernon, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,548 (100%) |
| Owner Occupied HU | 1,056 (68.2%) |
| Renter Occupied HU | 261 (16.9%) |
| Vacant Housing Units | 231 (14.9%) |
| Median Home Value | $114,953 |
| Average Home Value | $151,998 |
Housing Distribution
Address Breakdown
Residential
972
Single Family
972
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Alexis Dees • Keller Williams AGC Realty - Orange Beach
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #377864
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.