258 Ocmulgee DrValley GrandeAL36701
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
Investment property for sale in Valley Grande at 258 Ocmulgee Dr, Valley Grande, AL, 36701 offers a 10.35% rental yield on a $229,500 purchase with $1,980/mo rent. Total monthly income registers $1,980/mo, and a $1,123/mo payment leaves $685/mo available for distribution. Annual cash flow reaches $8,218/yr on $76,079 to close, and return on cash invested stands at 30.71% in year one. Equity gained on principal adds $1,481/yr while 5% annual appreciation supports $63,407 over five years. Portfolio math shows five-year ROI at 160.04% and total cumulative return in cash at $121,758. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $1,123/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36701, Selma, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,227 (100%) |
| Owner Occupied HU | 5,463 (53.4%) |
| Renter Occupied HU | 3,399 (33.2%) |
| Vacant Housing Units | 1,365 (13.3%) |
| Median Home Value | $114,721 |
| Average Home Value | $152,100 |
Housing Distribution
Address Breakdown
Residential
9,214
Single Family
8,267
Multi-Family
947
Businesses
715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carla Smith • RE/MAX Tri-Star
Mls Name: MAAR
Mls ID: #579183