296 Fairview CirJacksonAL36545
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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 Jackson at 296 Fairview Cir, Jackson, AL, 36545 generates $1,550/mo in rent and, after a $920/mo payment, leaves $489/mo in cash flow. Total monthly income is $1,550/mo, and annual cash flow is $5,868/yr on $62,322 invested. Return on cash invested sits at 29.32% in year one, and rental yield is 9.89% on a $188,000 entry. Equity gained on principal adds $1,213/yr, while 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 152.61% and total cumulative return in cash sums $95,108. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,550/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36545, Jackson, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,263 (100%) |
| Owner Occupied HU | 2,707 (63.5%) |
| Renter Occupied HU | 903 (21.2%) |
| Vacant Housing Units | 653 (15.3%) |
| Median Home Value | $208,034 |
| Average Home Value | $240,368 |
Housing Distribution
Address Breakdown
Residential
3,773
Single Family
3,600
Multi-Family
173
Businesses
391
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