162 Dale CirMidland CityAL36350
Nearby investment properties with comparable rents
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 Midland City at 162 Dale Cir, Midland City, AL, 36350 generates $952/mo in rent and, after a $612/mo payment, leaves $246/mo in cash flow. Total monthly income is $952/mo, and annual cash flow is $2,955/yr on $41,438 invested. Return on cash invested sits at 27.04% in year one, and rental yield is 9.14% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 140.44% and total cumulative return in cash sums $58,193. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $952/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36350, Midland City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,921 (100%) |
| Owner Occupied HU | 2,450 (62.5%) |
| Renter Occupied HU | 1,205 (30.7%) |
| Vacant Housing Units | 266 ( 6.8%) |
| Median Home Value | $165,761 |
| Average Home Value | $239,031 |
Housing Distribution
Address Breakdown
Residential
3,568
Single Family
3,286
Multi-Family
282
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsey Rushing • Coldwell Banker/Alfred Saliba
Mls Name: SAMLS
Mls ID: #203747
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.