216 1st StPrattvilleAL36067
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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 Prattville at 216 1st St, Prattville, AL, 36067 listed at $285,000 pairs $2,034/mo rent with a $1,395/mo payment to leave $425/mo cash flow. Total monthly income runs $2,034/mo, and annual cash flow reaches $5,103/yr on $94,478 cash to close. Return on cash invested measures 25.31% in year one, and rental yield registers 8.56% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 131.12% and total cumulative return in cash totals $123,882. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,034/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36067, Prattville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,851 (100%) |
| Owner Occupied HU | 8,099 (68.3%) |
| Renter Occupied HU | 2,648 (22.3%) |
| Vacant Housing Units | 1,104 ( 9.3%) |
| Median Home Value | $205,070 |
| Average Home Value | $237,005 |
Housing Distribution
Address Breakdown
Residential
11,346
Single Family
11,255
Multi-Family
91
Businesses
605
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Listed by: Mugs Mullins • First Call Realty of Montg
Mls Name: MAAR
Mls ID: #583134