2350 Morton RdWarriorAL35180
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Warrior at 2350 Morton Rd, Warrior, AL, 35180 priced at $329,900 pairs $1,963/mo rent with $101/mo cash flow after a $1,615/mo payment. Total monthly income equals $1,963/mo, and annual cash flow comes to $1,207/yr on $109,362 invested. Return on cash invested is 21.01% in year one, and rental yield stands at 7.14% on a $329,900 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,145 by year five. Five-year ROI measures 108.06% and total cumulative return in cash reaches $118,179. For financing, Ziffy Mortgage’s DSCR program evaluates $1,963/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
4.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35180, Warrior, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,064 (100%) |
| Owner Occupied HU | 4,739 (78.1%) |
| Renter Occupied HU | 903 (14.9%) |
| Vacant Housing Units | 422 ( 7.0%) |
| Median Home Value | $239,829 |
| Average Home Value | $261,922 |
Housing Distribution
Address Breakdown
Residential
5,738
Single Family
5,643
Multi-Family
95
Businesses
285
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Listed by: Becky Tucker • EXIT Justice Realty - Gardenda
Mls Name: GALMLS
Mls Provider:
Mls ID: #21412864
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.