378 Jones AveMonroevilleAL36460
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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 Monroeville at 378 Jones Ave, Monroeville, AL, 36460 with 5% annual appreciation on a $155,000 basis while $1,199/mo rent supports operations. Total monthly income totals $1,199/mo and a $759/mo payment preserves $324/mo for cash returns. Annual cash flow comes to $3,885/yr on $51,383 deployed, and return on cash invested reaches 27.47% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 9.28%. Five-year ROI measures 142.68% and total cumulative return in cash totals $73,312.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,199/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36460, Monroeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,919 (100%) |
| Owner Occupied HU | 2,845 (57.8%) |
| Renter Occupied HU | 1,296 (26.3%) |
| Vacant Housing Units | 778 (15.8%) |
| Median Home Value | $172,455 |
| Average Home Value | $206,851 |
Housing Distribution
Address Breakdown
Residential
4,271
Single Family
3,954
Multi-Family
317
Businesses
392
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Listed by: Amelia Stacey • WOODLAND REALTY, LLC
Mls Name: Monroe County BOR
Mls ID: #17503