3612 Merrifield DrValley GrandeAL36703
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
Investment property for sale in Valley Grande at 3612 Merrifield Dr, Valley Grande, AL, 36703 at $100,000 posts ROI 59.44% with $1,092/mo cash flow from $1,656/mo rent. Total monthly income equals $1,656/mo, and annual cash flow records $13,104/yr on $33,150 to close. Return on cash invested measures 59.44% and rental yield reads 19.87% at the current $100,000. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 by year five. Five-year ROI prints 314.08% and total cumulative return in cash totals $104,116.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,656/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36703, Selma, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,692 (100%) |
| Owner Occupied HU | 2,477 (43.5%) |
| Renter Occupied HU | 2,332 (41.0%) |
| Vacant Housing Units | 883 (15.5%) |
| Median Home Value | $85,769 |
| Average Home Value | $123,568 |
Housing Distribution
Address Breakdown
Residential
4,773
Single Family
4,319
Multi-Family
454
Businesses
356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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