307 Rockhill CirAbbevilleAL36310
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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 Abbeville at 307 Rockhill Cir, Abbeville, AL, 36310 priced at $120,000 converts $923/mo rent into $240/mo cash flow after a $587/mo obligation. Total monthly income equals $923/mo, and annual cash flow totals $2,876/yr on $39,780 invested. Return on cash invested prints 27.14% in year one, and rental yield reads 9.23% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 140.98% and total cumulative return in cash sums $56,083. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $923/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36310, Abbeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 2,145 (53.0%) |
| Renter Occupied HU | 634 (15.7%) |
| Vacant Housing Units | 1,266 (31.3%) |
| Median Home Value | $126,862 |
| Average Home Value | $189,301 |
Housing Distribution
Address Breakdown
Residential
3,111
Single Family
3,111
Multi-Family
0
Businesses
248
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Listed by: Laveda Culver • Brinston Avenue Real Estate
Mls Name: SAMLS
Mls ID: #203170
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.