394 Gardenia RdMillbrookAL36054
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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 Millbrook at 394 Gardenia Rd, Millbrook, AL, 36054 uses $68,952 cash to close to unlock $3,348/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $1,453/mo, and a $1,018/mo payment keeps the spread at $279/mo. Purchase price stands at $208,000, and rental yield measures 8.38% with $1,453/mo rent. Return on cash invested shows 24.76% in year one, and 5% annual appreciation builds toward $57,467 over five years. Five-year ROI reaches 128.14% and total cumulative return in cash records $88,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,453/mo property income covering a $1,018/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36054, Millbrook, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,676 (100%) |
| Owner Occupied HU | 4,286 (64.2%) |
| Renter Occupied HU | 2,097 (31.4%) |
| Vacant Housing Units | 293 ( 4.4%) |
| Median Home Value | $212,523 |
| Average Home Value | $233,007 |
Housing Distribution
Address Breakdown
Residential
6,189
Single Family
5,416
Multi-Family
773
Businesses
567
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Listed by: Natalie Proctor • EXIT Realty Cahaba
Mls Name: GALMLS
Mls Provider:
Mls ID: #21401340
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.