196 Rock Creek RdMulgaAL35118
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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 Mulga at 196 Rock Creek Rd, Mulga, AL, 35118 earns $370/mo cash flow from $2,966/mo rent with a $2,251/mo payment. Total monthly income totals $2,966/mo, and annual cash flow totals $4,441/yr on $152,457 capital. ROI tracks 22.82% on current figures, and rental yield reads 7.74% at a $459,900 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,062 over five years. Five-year ROI reaches 117.77% and total cumulative return in cash sums $179,550. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,966/mo property income instead of your personal income.
Single Family
Built in 1999
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35118, Mulga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,410 (100%) |
| Owner Occupied HU | 1,046 (74.2%) |
| Renter Occupied HU | 230 (16.3%) |
| Vacant Housing Units | 134 ( 9.5%) |
| Median Home Value | $198,759 |
| Average Home Value | $232,703 |
Housing Distribution
Address Breakdown
Residential
1,383
Single Family
1,383
Multi-Family
0
Businesses
63
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