32323 River Lake RdSeminoleAL36574
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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 Seminole at 32323 River Lake Rd, Seminole, AL, 36574 offers a 7.97% rental yield on a $430,000 purchase with $2,855/mo rent. Total monthly income registers $2,855/mo, and a $2,105/mo payment leaves $414/mo available for distribution. Annual cash flow reaches $4,962/yr on $142,545 to close, and return on cash invested stands at 23.39% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 120.84% and total cumulative return in cash at $172,251. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,855/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1 sqft lot
$N/A/sqft
$14 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36574, Seminole, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 825 (100%) |
| Owner Occupied HU | 622 (75.4%) |
| Renter Occupied HU | 116 (14.1%) |
| Vacant Housing Units | 87 (10.5%) |
| Median Home Value | $298,980 |
| Average Home Value | $336,813 |
Housing Distribution
Address Breakdown
Residential
742
Single Family
742
Multi-Family
0
Businesses
14
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