311 4th AveAtmoreAL36502
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 311 4th Ave, Atmore, AL, 36502 offers a 11.36% rental yield on a $129,900 purchase with $1,230/mo rent. Total monthly income registers $1,230/mo, and a $636/mo payment leaves $457/mo available for distribution. Annual cash flow reaches $5,486/yr on $43,062 to close, and return on cash invested stands at 32.65% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 170.95% and total cumulative return in cash at $73,615. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,230/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bub Gideons • PHD Realty, LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #370479
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.