324 High Pointe RdgPrattvilleAL36066
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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 Prattville at 324 High Pointe Rdg, Prattville, AL, 36066 listed at $574,200 pairs $3,490/mo rent with a $2,810/mo payment to leave $162/mo cash flow. Total monthly income runs $3,490/mo, and annual cash flow reaches $1,947/yr on $188,912 cash to close. Return on cash invested measures 21.09% in year one, and rental yield registers 7.29% at a $574,200 basis. Equity gained on principal adds $3,705/yr, and annual property appreciation at 5% supports $158,641 by year five. Five-year ROI tracks 108.64% and total cumulative return in cash totals $205,236. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,490/mo property income relative to a $2,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36066, Prattville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,821 (100%) |
| Owner Occupied HU | 5,835 (59.4%) |
| Renter Occupied HU | 3,535 (36.0%) |
| Vacant Housing Units | 451 ( 4.6%) |
| Median Home Value | $233,018 |
| Average Home Value | $261,985 |
Housing Distribution
Address Breakdown
Residential
9,473
Single Family
8,706
Multi-Family
767
Businesses
562
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Listed by: N/A • N/A
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