16806 County Road 51CollinsvilleAL35961
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
Investment property for sale in Collinsville at 16806 County Road 51, Collinsville, AL, 35961 offers a 9.33% rental yield on a $117,900 purchase with $917/mo rent. Total monthly income registers $917/mo, and a $577/mo payment leaves $252/mo available for distribution. Annual cash flow reaches $3,019/yr on $39,084 to close, and return on cash invested stands at 27.63% in year one. Equity gained on principal adds $761/yr while 5% annual appreciation supports $32,574 over five years. Portfolio math shows five-year ROI at 143.59% and total cumulative return in cash at $56,120. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $917/mo property income against a $577/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35961, Collinsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 1,613 (62.3%) |
| Renter Occupied HU | 620 (23.9%) |
| Vacant Housing Units | 356 (13.8%) |
| Median Home Value | $159,182 |
| Average Home Value | $218,946 |
Housing Distribution
Address Breakdown
Residential
2,006
Single Family
1,970
Multi-Family
36
Businesses
90
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Listed by: Frank Minogue • Corporate South Realty,Inc
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21856921
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