30820 Highway 31Mc KenzieAL36456
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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 Mc Kenzie at 30820 Highway 31, Mc Kenzie, AL, 36456 generates $1,453/mo in rent and, after a $905/mo payment, leaves $409/mo in cash flow. Total monthly income is $1,453/mo, and annual cash flow is $4,911/yr on $61,328 invested. Return on cash invested sits at 27.92% in year one, and rental yield is 9.42% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 145.11% and total cumulative return in cash sums $88,995. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,453/mo property income rather than buyer’s personal income.
Single Family
Built in 1944
7.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36456, Mc Kenzie, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 579 (64.4%) |
| Renter Occupied HU | 171 (19.0%) |
| Vacant Housing Units | 149 (16.6%) |
| Median Home Value | $103,686 |
| Average Home Value | $139,991 |
Housing Distribution
Address Breakdown
Residential
821
Single Family
821
Multi-Family
0
Businesses
33
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