308 Woodruff StAndalusiaAL36420
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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 Andalusia at 308 Woodruff St, Andalusia, AL, 36420 priced at $119,500 converts $907/mo rent into $232/mo cash flow after a $585/mo obligation. Total monthly income equals $907/mo, and annual cash flow totals $2,789/yr on $39,614 invested. Return on cash invested prints 26.95% in year one, and rental yield reads 9.11% against a $119,500 entry. Equity gained on principal adds $771/yr, while 5% annual appreciation compiles into $33,016 by year five. Five-year ROI reaches 140% and total cumulative return in cash sums $55,458. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $907/mo property income covering a $585/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36420, Andalusia, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,481 (100%) |
| Owner Occupied HU | 3,159 (57.6%) |
| Renter Occupied HU | 1,431 (26.1%) |
| Vacant Housing Units | 891 (16.3%) |
| Median Home Value | $197,120 |
| Average Home Value | $227,225 |
Housing Distribution
Address Breakdown
Residential
4,749
Single Family
4,679
Multi-Family
70
Businesses
842
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