177 C M Phillips RdKinstonAL36453
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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 Kinston at 177 C M Phillips Rd, Kinston, AL, 36453 offers a 6.45% rental yield on a $189,900 purchase with $1,020/mo rent. 93% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 96.9% and total cumulative return in cash at $61,001. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,020/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36453, Kinston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,161 (100%) |
| Owner Occupied HU | 800 (68.9%) |
| Renter Occupied HU | 193 (16.6%) |
| Vacant Housing Units | 168 (14.5%) |
| Median Home Value | $113,110 |
| Average Home Value | $141,322 |
Housing Distribution
Address Breakdown
Residential
976
Single Family
976
Multi-Family
0
Businesses
41
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Listed by: Christa M. Merrifield-Mitchell • Merrifield & Pilcher Realty
Mls Name: Covington AOR
Mls Provider:
Mls ID: #25215
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