21941 Bible Rd, Perdido, AL, 36562 | $167/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Perdido at 21941 Bible Rd, Perdido, AL, 36562 generates $1,860/mo in rent and, after a $1,468/mo payment, leaves $167/mo in cash flow. Total monthly income is $1,860/mo, and annual cash flow is $2,005/yr on $99,417 invested. Return on cash invested sits at 21.93% in year one, and rental yield is 7.44% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 112.97% and total cumulative return in cash sums $112,312. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.

Single Family

Built in N/A

12.90 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 36562, Perdido, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	851 (100%)
Owner Occupied HU	615 (72.3%)
Renter Occupied HU	135 (15.9%)
Vacant Housing Units	101 (11.9%)
Median Home Value	$176,339
Average Home Value	$213,004