311 Magnolia Ave #62SatsumaAL36572
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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 Satsuma at 311 Magnolia Ave #62, Satsuma, AL, 36572 earns from $1,968/mo rent with a $1,566/mo payment. Total monthly income totals $1,968/mo. ROI tracks 16.09% on current figures, and rental yield reads 7.38% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 83.71% and total cumulative return in cash sums $88,772. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,968/mo property income instead of your personal income.
Townhouse
Built in 2011
2,134 sqft lot
$N/A/sqft
$500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36572, Satsuma, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,850 (100%) |
| Owner Occupied HU | 2,250 (78.9%) |
| Renter Occupied HU | 448 (15.7%) |
| Vacant Housing Units | 152 ( 5.3%) |
| Median Home Value | $238,032 |
| Average Home Value | $284,871 |
Housing Distribution
Address Breakdown
Residential
2,709
Single Family
2,709
Multi-Family
0
Businesses
119
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Listed by: Stacy Cole • Realty Executives Bay Group
Mls Name: GCMLS
Mls Provider:
Mls ID: #7427708
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.