201 Mignionette AveSaralandAL36571
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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 Saraland at 201 Mignionette Ave, Saraland, AL, 36571 uses $34,808 cash to close to unlock $2,460/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $816/mo, and a $514/mo payment keeps the spread at $205/mo. Purchase price stands at $105,000, and rental yield measures 9.33% with $816/mo rent. Return on cash invested shows 26.98% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 140.25% and total cumulative return in cash records $48,818. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $816/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in N/A
9,286 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36571, Saraland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 4,858 (67.6%) |
| Renter Occupied HU | 1,840 (25.6%) |
| Vacant Housing Units | 485 ( 6.8%) |
| Median Home Value | $226,544 |
| Average Home Value | $253,096 |
Housing Distribution
Address Breakdown
Residential
7,051
Single Family
6,242
Multi-Family
809
Businesses
737
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Listed by: Diana Ezell • Southern Style Realty Inc
Mls Name: GCMLS
Mls Provider:
Mls ID: #7373108
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.