3007 Summerfield RdSelmaAL36701
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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 Selma at 3007 Summerfield Rd, Selma, AL, 36701 earns from $925/mo rent with a $808/mo payment. Total monthly income totals $925/mo. ROI tracks 19.76% on current figures, and rental yield reads 6.73% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 101.4% and total cumulative return in cash sums $55,463. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $925/mo property income instead of your personal income.
Single Family
Built in 1974
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36701, Selma, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,227 (100%) |
| Owner Occupied HU | 5,463 (53.4%) |
| Renter Occupied HU | 3,399 (33.2%) |
| Vacant Housing Units | 1,365 (13.3%) |
| Median Home Value | $114,721 |
| Average Home Value | $152,100 |
Housing Distribution
Address Breakdown
Residential
9,214
Single Family
8,267
Multi-Family
947
Businesses
715
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Listed by: Gloria Frazier • Gloria Frazier & Co. Realty
Mls Name: MAAR
Mls Provider:
Mls ID: #573985
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