37942 Lloyd Mill RdMc KenzieAL36456
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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 Mc Kenzie at 37942 Lloyd Mill Rd, Mc Kenzie, AL, 36456 uses $39,715 cash to close to unlock $3,014/yr annual cash flow and $251/mo monthly cash flow. Total monthly income runs $927/mo, and a $586/mo payment keeps the spread at $251/mo. Purchase price stands at $119,803, and rental yield measures 9.29% with $927/mo rent. Return on cash invested shows 27.5% in year one, and 5% annual appreciation builds toward $33,099 over five years. Five-year ROI reaches 142.93% and total cumulative return in cash records $56,765. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $927/mo property income covering a $586/mo payment rather than investor’s personal income.
Single Family
Built in 1958
4.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36456, Mc Kenzie, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 579 (64.4%) |
| Renter Occupied HU | 171 (19.0%) |
| Vacant Housing Units | 149 (16.6%) |
| Median Home Value | $103,686 |
| Average Home Value | $139,991 |
Housing Distribution
Address Breakdown
Residential
821
Single Family
821
Multi-Family
0
Businesses
33
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