309 Pinehaardt DrSelmaAL36701
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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 Selma at 309 Pinehaardt Dr, Selma, AL, 36701 priced at $161,100 pairs $1,796/mo rent with $886/mo cash flow after a $789/mo payment. Total monthly income equals $1,796/mo, and annual cash flow comes to $10,634/yr on $53,405 invested. Return on cash invested is 39.82% in year one, and rental yield stands at 13.38% on a $161,100 basis. Equity gained on principal adds $1,040/yr, and 5% annual appreciation accumulates to $44,509 by year five. Five-year ROI measures 208.99% and total cumulative return in cash reaches $111,611. For financing, Ziffy Mortgage’s DSCR program evaluates $1,796/mo property income against a $789/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
0.30 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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