298 Teri LnPrattvilleAL36066
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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 Prattville at 298 Teri Ln, Prattville, AL, 36066 with 5% annual appreciation on a $157,000 basis while $1,195/mo rent supports operations. Total monthly income totals $1,195/mo and a $768/mo payment preserves $309/mo for cash returns. Annual cash flow comes to $3,711/yr on $52,046 deployed, and return on cash invested reaches 27.04% in year one. Equity gained on principal adds $1,013/yr, and five-year appreciation sums $43,376 alongside rental yield of 9.13%. Five-year ROI measures 140.43% and total cumulative return in cash totals $73,088.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,195/mo property income versus a $768/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36066, Prattville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,821 (100%) |
| Owner Occupied HU | 5,835 (59.4%) |
| Renter Occupied HU | 3,535 (36.0%) |
| Vacant Housing Units | 451 ( 4.6%) |
| Median Home Value | $233,018 |
| Average Home Value | $261,985 |
Housing Distribution
Address Breakdown
Residential
9,473
Single Family
8,706
Multi-Family
767
Businesses
562
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Listed by: Nikki Burch • Realty Central
Mls Name: MAAR
Mls ID: #579907