29600 Mitchell RdOppAL36467
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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 Opp at 29600 Mitchell Rd, Opp, AL, 36467 uses $52,324 cash to close to unlock $5,239/yr annual cash flow and $437/mo monthly cash flow. Total monthly income runs $1,328/mo, and a $773/mo payment keeps the spread at $437/mo. Purchase price stands at $157,840, and rental yield measures 10.1% with $1,328/mo rent. Return on cash invested shows 29.92% in year one, and 5% annual appreciation builds toward $43,608 over five years. Five-year ROI reaches 155.85% and total cumulative return in cash records $81,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,328/mo property income covering a $773/mo payment rather than investor’s personal income.
Single Family
Built in 1975
24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36467, Opp, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,719 (100%) |
| Owner Occupied HU | 2,886 (61.2%) |
| Renter Occupied HU | 1,184 (25.1%) |
| Vacant Housing Units | 649 (13.8%) |
| Median Home Value | $146,583 |
| Average Home Value | $170,743 |
Housing Distribution
Address Breakdown
Residential
4,301
Single Family
4,183
Multi-Family
118
Businesses
375
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