320 Baltimore CtSatsumaAL36572
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 Satsuma at 320 Baltimore Ct, Satsuma, AL, 36572 generates $3,641/mo in rent, after a $3,181/mo payment. Total monthly income is $3,641/mo. Return on cash invested sits at 19.8% in year one, and rental yield is 6.72% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 101.57% and total cumulative return in cash sums $217,202. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,641/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
1.18 Acres lot
$N/A/sqft
$30 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angie Jackson • Jackson and Associates Real Es
Mls Name: GCMLS
Mls Provider:
Mls ID: #7579329
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.