223 Midland DrBrownsboroAL35741
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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 Brownsboro at 223 Midland Dr, Brownsboro, AL, 35741 listed at $579,900 pairs $3,906/mo rent with a $2,838/mo payment to leave $633/mo cash flow. Total monthly income runs $3,906/mo, and annual cash flow reaches $7,597/yr on $190,787 cash to close. Return on cash invested measures 24.04% in year one, and rental yield registers 8.08% at a $579,900 basis. Equity gained on principal adds $3,742/yr, and annual property appreciation at 5% supports $160,216 by year five. Five-year ROI tracks 124.27% and total cumulative return in cash totals $237,097. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,906/mo property income relative to a $2,838/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35741, Brownsboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,957 (100%) |
| Owner Occupied HU | 1,476 (75.4%) |
| Renter Occupied HU | 389 (19.9%) |
| Vacant Housing Units | 92 ( 4.7%) |
| Median Home Value | $396,084 |
| Average Home Value | $466,258 |
Housing Distribution
Address Breakdown
Residential
1,746
Single Family
1,374
Multi-Family
372
Businesses
116
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Listed by: Lachun Weaver • RE/MAX Unlimited
Mls Name: ValleyMLS
Mls ID: #21903542