15880 Pine Grove Road Ext WBay MinetteAL36507
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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 Bay Minette at 15880 Pine Grove Road Ext W, Bay Minette, AL, 36507 earns $506/mo cash flow from $1,937/mo rent with a $1,241/mo payment. Total monthly income totals $1,937/mo, and annual cash flow totals $6,070/yr on $84,068 capital. ROI tracks 27.13% on current figures, and rental yield reads 9.17% at a $253,600 purchase. Equity gained on principal adds $1,636/yr, and 5% annual appreciation supports $70,065 over five years. Five-year ROI reaches 140.86% and total cumulative return in cash sums $118,416. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,937/mo property income instead of your personal income.
Single Family
Built in 1978
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36507, Bay Minette, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,008 (100%) |
| Owner Occupied HU | 5,931 (65.8%) |
| Renter Occupied HU | 1,994 (22.1%) |
| Vacant Housing Units | 1,083 (12.0%) |
| Median Home Value | $244,654 |
| Average Home Value | $269,012 |
Housing Distribution
Address Breakdown
Residential
7,944
Single Family
7,570
Multi-Family
374
Businesses
647
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