277 New Harmony DrLinevilleAL36266
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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 Lineville at 277 New Harmony Dr, Lineville, AL, 36266 at $250,000 posts ROI 39.29% with $1,339/mo cash flow from $2,750/mo rent. Total monthly income equals $2,750/mo, and annual cash flow records $16,062/yr on $82,875 to close. Return on cash invested measures 39.29% and rental yield reads 13.2% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 206.09% and total cumulative return in cash totals $170,794.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,750/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36266, Lineville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,055 (100%) |
| Owner Occupied HU | 1,682 (55.1%) |
| Renter Occupied HU | 701 (22.9%) |
| Vacant Housing Units | 672 (22.0%) |
| Median Home Value | $246,815 |
| Average Home Value | $305,330 |
Housing Distribution
Address Breakdown
Residential
2,588
Single Family
2,496
Multi-Family
92
Businesses
169
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Listed by: John Hall • Southeastern Realty & Auction
Mls Name: GALMLS
Mls Provider:
Mls ID: #21387129
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.