230 General Canby LoopSpanish FortAL36527
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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 Spanish Fort at 230 General Canby Loop, Spanish Fort, AL, 36527 at $615,000 posts ROI 22.41% with $397/mo cash flow from $3,868/mo rent. Total monthly income equals $3,868/mo, and annual cash flow records $4,761/yr on $202,335 to close. Return on cash invested measures 22.41% and rental yield reads 7.55% at the current $615,000. Equity gained on principal adds $3,969/yr, and 5% annual appreciation supports $169,913 by year five. Five-year ROI prints 115.52% and total cumulative return in cash totals $233,729.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,868/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36527, Spanish Fort, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,139 (100%) |
| Owner Occupied HU | 5,682 (69.8%) |
| Renter Occupied HU | 1,768 (21.7%) |
| Vacant Housing Units | 689 ( 8.5%) |
| Median Home Value | $387,509 |
| Average Home Value | $441,848 |
Housing Distribution
Address Breakdown
Residential
7,791
Single Family
6,813
Multi-Family
978
Businesses
484
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Listed by: Mary Fran Hershiser • Goode Realty, LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #381822
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.