315 E Horner StAtmoreAL36502
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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 Atmore at 315 E Horner St, Atmore, AL, 36502 with 5% annual appreciation on a $210,000 basis while $1,230/mo rent supports operations. Total monthly income totals $1,230/mo and a $1,028/mo payment preserves $45/mo for cash returns. Annual cash flow comes to $534/yr on $69,615 deployed, and return on cash invested reaches 20.68% in year one. Equity gained on principal adds $1,355/yr, and five-year appreciation sums $58,019 alongside rental yield of 7.03%. Five-year ROI measures 106.28% and total cumulative return in cash totals $73,984.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,230/mo property income versus a $1,028/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1916
0.51 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
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Listed by: Niki Becton • Goode Realty, LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #372876
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.