3130 Schillinger Rd NSemmesAL36575
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
Rental property for sale in Semmes at 3130 Schillinger Rd N, Semmes, AL, 36575 priced at $200,000 pairs $1,615/mo rent with $472/mo cash flow after a $979/mo payment. Total monthly income equals $1,615/mo, and annual cash flow comes to $5,658/yr on $66,300 invested. Return on cash invested is 28.44% in year one, and rental yield stands at 9.69% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 148.03% and total cumulative return in cash reaches $98,144. For financing, Ziffy Mortgage’s DSCR program evaluates $1,615/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36575, Semmes, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,337 (100%) |
| Owner Occupied HU | 6,679 (80.1%) |
| Renter Occupied HU | 1,159 (13.9%) |
| Vacant Housing Units | 499 ( 6.0%) |
| Median Home Value | $234,058 |
| Average Home Value | $261,353 |
Housing Distribution
Address Breakdown
Residential
8,182
Single Family
7,963
Multi-Family
219
Businesses
491
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Listed by: Sarah Nelson • Wellhouse Real Estate West LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7567454
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.