2950 Nic Lib LnSemmesAL36575
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 2950 Nic Lib Ln, Semmes, AL, 36575 generates $3,736/mo in rent, after a $5,139/mo payment. Total monthly income is $3,736/mo. Return on cash invested sits at 12.64% in year one, and rental yield is 4.27% on a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 63.05% and total cumulative return in cash sums $214,505. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,736/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Philpot • Denis McKinnon, Broker
Mls Name: GCMLS
Mls Provider:
Mls ID: #7355021
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.