2071 Noah CtSemmesAL36575
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 Semmes at 2071 Noah Ct, Semmes, AL, 36575 uses $77,074 cash to close to unlock $8,371/yr annual cash flow and $698/mo monthly cash flow. Total monthly income runs $2,010/mo, and a $1,138/mo payment keeps the spread at $698/mo. Purchase price stands at $232,500, and rental yield measures 10.37% with $2,010/mo rent. Return on cash invested shows 30.77% in year one, and 5% annual appreciation builds toward $64,235 over five years. Five-year ROI reaches 160.4% and total cumulative return in cash records $123,624. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,010/mo property income covering a $1,138/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36575, Semmes, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,337 (100%) |
| Owner Occupied HU | 6,679 (80.1%) |
| Renter Occupied HU | 1,159 (13.9%) |
| Vacant Housing Units | 499 ( 6.0%) |
| Median Home Value | $234,058 |
| Average Home Value | $261,353 |
Housing Distribution
Address Breakdown
Residential
8,182
Single Family
7,963
Multi-Family
219
Businesses
491
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices