158 Patrick StPrattvilleAL36067
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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 Prattville at 158 Patrick St, Prattville, AL, 36067 priced at $249,900 converts $1,988/mo rent into $578/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,988/mo, and annual cash flow totals $6,931/yr on $82,842 invested. Return on cash invested prints 28.28% in year one, and rental yield reads 9.55% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 147.02% and total cumulative return in cash sums $121,790. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,988/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36067, Prattville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,851 (100%) |
| Owner Occupied HU | 8,099 (68.3%) |
| Renter Occupied HU | 2,648 (22.3%) |
| Vacant Housing Units | 1,104 ( 9.3%) |
| Median Home Value | $205,070 |
| Average Home Value | $237,005 |
Housing Distribution
Address Breakdown
Residential
11,346
Single Family
11,255
Multi-Family
91
Businesses
605
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Listed by: Susanne Zimbelman • EXIT REALTY PREFERRED
Mls Name: EXIT Realty broker feed
Mls ID: #580114