2002 County Road 221Five PointsAL36855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Five Points at 2002 County Road 221, Five Points, AL, 36855 offers a 9.48% rental yield on a $249,900 purchase with $1,975/mo rent. Total monthly income registers $1,975/mo, and a $1,223/mo payment leaves $565/mo available for distribution. Annual cash flow reaches $6,775/yr on $82,842 to close, and return on cash invested stands at 28.09% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 146% and total cumulative return in cash at $120,950. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,975/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36855, Five Points, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 828 (100%) |
| Owner Occupied HU | 588 (71.0%) |
| Renter Occupied HU | 89 (10.7%) |
| Vacant Housing Units | 151 (18.2%) |
| Median Home Value | $206,250 |
| Average Home Value | $214,469 |
Housing Distribution
Address Breakdown
Residential
729
Single Family
729
Multi-Family
0
Businesses
30
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Listed by: ELIZABETH ROSE • PORCH LIGHT REAL ESTATE LLC
Mls Name: LCMLS
Mls ID: #171753
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.