2729 Joe Reeves RdCastleberryAL36432
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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
Rental property for sale in Castleberry at 2729 Joe Reeves Rd, Castleberry, AL, 36432 offers $1,722/mo rent that, after a $1,039/mo payment, leaves $524/mo cash flow. Total monthly income is $1,722/mo, and annual cash flow is $6,285/yr on $70,377 cash. Return on cash invested measures 28.84% in year one, and rental yield stands at 9.73% at a $212,300 entry. Equity gained on principal adds $1,370/yr while 5% annual appreciation compounds into $58,655 by year five. Five-year ROI records 150.02% and total cumulative return in cash reaches $105,582. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,722/mo property income versus a $1,039/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36432, Castleberry, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 837 (66.8%) |
| Renter Occupied HU | 192 (15.3%) |
| Vacant Housing Units | 224 (17.9%) |
| Median Home Value | $117,167 |
| Average Home Value | $163,510 |
Housing Distribution
Address Breakdown
Residential
1,118
Single Family
1,117
Multi-Family
1
Businesses
45
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