17180 Jim Platt RdCitronelleAL36522
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 Citronelle at 17180 Jim Platt Rd, Citronelle, AL, 36522 uses $82,875 cash to close to unlock $5,255/yr annual cash flow and $438/mo monthly cash flow. Total monthly income runs $1,919/mo, and a $1,224/mo payment keeps the spread at $438/mo. Purchase price stands at $250,000, and rental yield measures 9.21% with $1,919/mo rent. Return on cash invested shows 26.25% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 136.5% and total cumulative return in cash records $113,122. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,919/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1999
19.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36522, Citronelle, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,302 (100%) |
| Owner Occupied HU | 2,286 (69.2%) |
| Renter Occupied HU | 664 (20.1%) |
| Vacant Housing Units | 352 (10.7%) |
| Median Home Value | $202,507 |
| Average Home Value | $238,845 |
Housing Distribution
Address Breakdown
Residential
2,971
Single Family
2,931
Multi-Family
40
Businesses
217
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Destiny Seay • RE/MAX Realty Professionals
Mls Name: GCMLS
Mls Provider:
Mls ID: #7586428
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.