2339 Cary StFlomatonAL36441
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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 Flomaton at 2339 Cary St, Flomaton, AL, 36441 uses $39,747 cash to close to unlock $2,881/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $917/mo, and a $587/mo payment keeps the spread at $240/mo. Purchase price stands at $119,900, and rental yield measures 9.18% with $917/mo rent. Return on cash invested shows 27.16% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 141.11% and total cumulative return in cash records $56,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $917/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36441, Flomaton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,753 (100%) |
| Owner Occupied HU | 1,181 (67.4%) |
| Renter Occupied HU | 351 (20.0%) |
| Vacant Housing Units | 221 (12.6%) |
| Median Home Value | $161,887 |
| Average Home Value | $219,558 |
Housing Distribution
Address Breakdown
Residential
1,506
Single Family
1,465
Multi-Family
41
Businesses
131
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