199 Huey StMidland CityAL36350
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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 Midland City at 199 Huey St, Midland City, AL, 36350 uses $63,151 cash to close to unlock $9,481/yr annual cash flow and $790/mo monthly cash flow. Total monthly income runs $1,865/mo, and a $932/mo payment keeps the spread at $790/mo. Purchase price stands at $190,500, and rental yield measures 11.75% with $1,865/mo rent. Return on cash invested shows 34.92% in year one, and 5% annual appreciation builds toward $52,632 over five years. Five-year ROI reaches 182.71% and total cumulative return in cash records $115,381. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,865/mo property income covering a $932/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
3,496 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36350, Midland City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,921 (100%) |
| Owner Occupied HU | 2,450 (62.5%) |
| Renter Occupied HU | 1,205 (30.7%) |
| Vacant Housing Units | 266 ( 6.8%) |
| Median Home Value | $165,761 |
| Average Home Value | $239,031 |
Housing Distribution
Address Breakdown
Residential
3,568
Single Family
3,286
Multi-Family
282
Businesses
128
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Listed by: N/A • N/A
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