18620 E Hammond StRobertsdaleAL36567
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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 Robertsdale at 18620 E Hammond St, Robertsdale, AL, 36567 offers a 7.24% rental yield on a $270,000 purchase with $1,628/mo rent. Total monthly income registers $1,628/mo, and a $1,322/mo payment leaves $104/mo available for distribution. Annual cash flow reaches $1,242/yr on $89,505 to close, and return on cash invested stands at 21.3% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 109.59% and total cumulative return in cash at $98,089. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,628/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36567, Robertsdale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,541 (100%) |
| Owner Occupied HU | 4,554 (69.6%) |
| Renter Occupied HU | 1,494 (22.8%) |
| Vacant Housing Units | 493 ( 7.5%) |
| Median Home Value | $277,394 |
| Average Home Value | $409,012 |
Housing Distribution
Address Breakdown
Residential
6,027
Single Family
5,482
Multi-Family
545
Businesses
582
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Listed by: Cady Means • Bella Beach Properties
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #367123
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.