309 Burlington StAtmoreAL36502
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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 Atmore at 309 Burlington St, Atmore, AL, 36502 uses $92,820 cash to close to unlock $5,736/yr annual cash flow and $478/mo monthly cash flow. Total monthly income runs $2,058/mo, and a $1,370/mo payment keeps the spread at $478/mo. Purchase price stands at $280,000, and rental yield measures 8.82% with $2,058/mo rent. Return on cash invested shows 26.09% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 135.26% and total cumulative return in cash records $125,553. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,058/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 2010
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36502, Atmore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,598 (100%) |
| Owner Occupied HU | 4,436 (58.4%) |
| Renter Occupied HU | 2,196 (28.9%) |
| Vacant Housing Units | 966 (12.7%) |
| Median Home Value | $150,761 |
| Average Home Value | $170,867 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,691
Multi-Family
255
Businesses
559
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Listed by: Roman Vashurin • EXP REALTY,LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #380265
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.