311 Magnolia AveSatsumaAL36572
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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
Total monthly income runs $2,134/mo, and a $2,398/mo payment. Purchase price stands at $489,900, and rental yield measures 5.23% with $2,134/mo rent. Return on cash invested shows 11.88% in year one, and 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 60.31% and total cumulative return in cash records $97,937. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,134/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
2,304 sqft lot
$N/A/sqft
$455 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: Angie Jackson • Jackson and Associates Real Es
Mls Name: GCMLS
Mls Provider:
Mls ID: #7394410
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.