214 Mullenix LoopWinfieldAL35594
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
Rental property for sale in Winfield at 214 Mullenix Loop, Winfield, AL, 35594 priced at $114,900 converts $912/mo rent into $264/mo cash flow after a $562/mo obligation. Total monthly income equals $912/mo, and annual cash flow totals $3,166/yr on $38,089 invested. Return on cash invested prints 28.22% in year one, and rental yield reads 9.52% against a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation compiles into $31,745 by year five. Five-year ROI reaches 146.72% and total cumulative return in cash sums $55,886. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $912/mo property income covering a $562/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35594, Winfield, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,527 (100%) |
| Owner Occupied HU | 2,244 (63.6%) |
| Renter Occupied HU | 864 (24.5%) |
| Vacant Housing Units | 419 (11.9%) |
| Median Home Value | $162,189 |
| Average Home Value | $202,686 |
Housing Distribution
Address Breakdown
Residential
3,282
Single Family
3,113
Multi-Family
169
Businesses
340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices