2481 Waterford RdSemmesAL36575
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 Semmes at 2481 Waterford Rd, Semmes, AL, 36575 offers $1,776/mo rent that, after a $930/mo payment, leaves $704/mo cash flow. Total monthly income is $1,776/mo, and annual cash flow is $8,442/yr on $62,985 cash. Return on cash invested measures 33.31% in year one, and rental yield stands at 11.22% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 174.02% and total cumulative return in cash reaches $109,608. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,776/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36575, Semmes, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,337 (100%) |
| Owner Occupied HU | 6,679 (80.1%) |
| Renter Occupied HU | 1,159 (13.9%) |
| Vacant Housing Units | 499 ( 6.0%) |
| Median Home Value | $234,058 |
| Average Home Value | $261,353 |
Housing Distribution
Address Breakdown
Residential
8,182
Single Family
7,963
Multi-Family
219
Businesses
491
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Listed by: Mareen Freeman • IXL Real Estate LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7460784
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.