163 County Road 216DeltaAL36258
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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 Delta at 163 County Road 216, Delta, AL, 36258 offers a 7.89% rental yield on a $184,000 purchase with $1,210/mo rent. Total monthly income registers $1,210/mo, and a $901/mo payment leaves $171/mo available for distribution. Annual cash flow reaches $2,052/yr on $60,996 to close, and return on cash invested stands at 23.27% in year one. Equity gained on principal adds $1,187/yr while 5% annual appreciation supports $50,836 over five years. Portfolio math shows five-year ROI at 120.17% and total cumulative return in cash at $73,297. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,210/mo property income against a $901/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36258, Delta, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,031 (100%) |
| Owner Occupied HU | 706 (68.5%) |
| Renter Occupied HU | 128 (12.4%) |
| Vacant Housing Units | 197 (19.1%) |
| Median Home Value | $174,342 |
| Average Home Value | $189,263 |
Housing Distribution
Address Breakdown
Residential
824
Single Family
824
Multi-Family
0
Businesses
43
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Listed by: Ovie Samples • Southern Home Real Estate
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418105
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.