227 Mangum RdWellingtonAL36279
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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 Wellington at 227 Mangum Rd, Wellington, AL, 36279 earns $187/mo cash flow from $892/mo rent with a $611/mo payment. Total monthly income totals $892/mo, and annual cash flow totals $2,248/yr on $41,404 capital. ROI tracks 25.34% on current figures, and rental yield reads 8.57% at a $124,900 purchase. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 over five years. Five-year ROI reaches 131.34% and total cumulative return in cash sums $54,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $892/mo property income instead of your personal income.
Manufactured
Built in 2000
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36279, Wellington, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 762 (74.7%) |
| Renter Occupied HU | 130 (12.7%) |
| Vacant Housing Units | 128 (12.5%) |
| Median Home Value | $234,118 |
| Average Home Value | $231,001 |
Housing Distribution
Address Breakdown
Residential
1,066
Single Family
1,066
Multi-Family
0
Businesses
38
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Listed by: Steven Lee • SmallTown Real Estate, LLC
Mls Name: GALMLS
Mls ID: #21428461