15970 Catesby DrSummerdaleAL36580
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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
Rental property for sale in Summerdale at 15970 Catesby Dr, Summerdale, AL, 36580 generates $1,385/mo in rent and, after a $1,101/mo payment, leaves $115/mo in cash flow. Total monthly income is $1,385/mo, and annual cash flow is $1,383/yr on $74,588 invested. Return on cash invested sits at 21.76% in year one, and rental yield is 7.39% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 112.12% and total cumulative return in cash sums $83,625. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,385/mo property income rather than buyer’s personal income.
Manufactured
Built in 2017
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36580, Summerdale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,090 (100%) |
| Owner Occupied HU | 2,223 (71.9%) |
| Renter Occupied HU | 548 (17.7%) |
| Vacant Housing Units | 319 (10.3%) |
| Median Home Value | $342,723 |
| Average Home Value | $409,308 |
Housing Distribution
Address Breakdown
Residential
2,647
Single Family
2,647
Multi-Family
0
Businesses
221
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Listed by: Ashleigh Donahue • JPAR Gulf Coast - Spanish Fort
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #377720
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.