212 Banach CtOzarkAL36360
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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
Rental property for sale in Ozark at 212 Banach Ct, Ozark, AL, 36360 priced at $275,000 converts $1,838/mo rent into $241/mo cash flow after a $1,346/mo obligation. Total monthly income equals $1,838/mo, and annual cash flow totals $2,890/yr on $91,163 invested. Return on cash invested prints 23.08% in year one, and rental yield reads 8.02% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 119.34% and total cumulative return in cash sums $108,791. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,838/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1988
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36360, Ozark, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,373 (100%) |
| Owner Occupied HU | 5,502 (58.7%) |
| Renter Occupied HU | 2,856 (30.5%) |
| Vacant Housing Units | 1,015 (10.8%) |
| Median Home Value | $153,842 |
| Average Home Value | $173,503 |
Housing Distribution
Address Breakdown
Residential
8,920
Single Family
8,513
Multi-Family
407
Businesses
531
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Listed by: LEISA JOHNSON • Leisa Johnson's HomeTown Realty
Mls Name: Wiregrass BOR
Mls ID: #553250
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.