3 College HtsMarionAL36756
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 Marion at 3 College Hts, Marion, AL, 36756 offers $1,433/mo rent that, after a $881/mo payment, leaves $385/mo cash flow. Total monthly income is $1,433/mo, and annual cash flow is $4,622/yr on $59,637 cash. Return on cash invested measures 27.66% in year one, and rental yield stands at 9.56% at a $179,900 entry. Equity gained on principal adds $1,161/yr while 5% annual appreciation compounds into $49,703 by year five. Five-year ROI records 143.99% and total cumulative return in cash reaches $85,869. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,433/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36756, Marion, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,338 (100%) |
| Owner Occupied HU | 1,406 (60.1%) |
| Renter Occupied HU | 579 (24.8%) |
| Vacant Housing Units | 353 (15.1%) |
| Median Home Value | $117,353 |
| Average Home Value | $197,253 |
Housing Distribution
Address Breakdown
Residential
2,235
Single Family
2,189
Multi-Family
46
Businesses
266
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Nearby investment properties with comparable prices
Listed by: Pride Forney • The Forney Group, LLC
Mls Name: WAMLS
Mls Provider:
Mls ID: #166664
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.