191 Watts RdMunfordAL36268
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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
Rental property for sale in Munford at 191 Watts Rd, Munford, AL, 36268 offers $1,131/mo rent that, after a $709/mo payment, leaves $313/mo cash flow. Total monthly income is $1,131/mo, and annual cash flow is $3,760/yr on $48,034 cash. Return on cash invested measures 27.74% in year one, and rental yield stands at 9.37% at a $144,900 entry. Equity gained on principal adds $935/yr while 5% annual appreciation compounds into $40,033 by year five. Five-year ROI records 144.2% and total cumulative return in cash reaches $69,265. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,131/mo property income versus a $709/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36268, Munford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,401 (100%) |
| Owner Occupied HU | 1,819 (75.8%) |
| Renter Occupied HU | 374 (15.6%) |
| Vacant Housing Units | 208 ( 8.7%) |
| Median Home Value | $150,463 |
| Average Home Value | $175,752 |
Housing Distribution
Address Breakdown
Residential
2,221
Single Family
2,221
Multi-Family
0
Businesses
87
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