306 Old Marion Junction RdValley GrandeAL36701
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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 Valley Grande at 306 Old Marion Junction Rd, Valley Grande, AL, 36701 offers $1,389/mo rent that, after a $1,016/mo payment, leaves $217/mo cash flow. Total monthly income is $1,389/mo, and annual cash flow is $2,608/yr on $68,786 cash. Return on cash invested measures 23.7% in year one, and rental yield stands at 8.03% at a $207,500 entry. Equity gained on principal adds $1,339/yr while 5% annual appreciation compounds into $57,328 by year five. Five-year ROI records 122.52% and total cumulative return in cash reaches $84,275. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,389/mo property income versus a $1,016/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
3.81 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: Mandy Henry • RE/MAX Tri-Star
Mls Name: MAAR
Mls ID: #579817