1985 Marion Dr SMount VernonAL36560
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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 Mount Vernon at 1985 Marion Dr S, Mount Vernon, AL, 36560 earns $235/mo cash flow from $941/mo rent with a $612/mo payment. Total monthly income totals $941/mo, and annual cash flow totals $2,823/yr on $41,438 capital. ROI tracks 26.72% on current figures, and rental yield reads 9.03% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 138.76% and total cumulative return in cash sums $57,497. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $941/mo property income instead of your personal income.
Single Family
Built in 1985
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36560, Mount Vernon, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,548 (100%) |
| Owner Occupied HU | 1,056 (68.2%) |
| Renter Occupied HU | 261 (16.9%) |
| Vacant Housing Units | 231 (14.9%) |
| Median Home Value | $114,953 |
| Average Home Value | $151,998 |
Housing Distribution
Address Breakdown
Residential
972
Single Family
972
Multi-Family
0
Businesses
82
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Listed by: Lawrancia Ratcliff • IXL Real Estate LLC
Mls Name: GCMLS
Mls ID: #7629188