4 Confederate Dr SSpanish FortAL36527
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
Rental property for sale in Spanish Fort at 4 Confederate Dr S, Spanish Fort, AL, 36527 priced at $238,000 converts $2,266/mo rent into $923/mo cash flow after a $1,165/mo obligation. Total monthly income equals $2,266/mo, and annual cash flow totals $11,070/yr on $78,897 invested. Return on cash invested prints 33.94% in year one, and rental yield reads 11.43% against a $238,000 entry. Equity gained on principal adds $1,536/yr, while 5% annual appreciation compiles into $65,755 by year five. Five-year ROI reaches 177.37% and total cumulative return in cash sums $139,942. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,266/mo property income covering a $1,165/mo payment, not borrower’s personal income.
Single Family
Built in 1983
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36527, Spanish Fort, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,139 (100%) |
| Owner Occupied HU | 5,682 (69.8%) |
| Renter Occupied HU | 1,768 (21.7%) |
| Vacant Housing Units | 689 ( 8.5%) |
| Median Home Value | $387,509 |
| Average Home Value | $441,848 |
Housing Distribution
Address Breakdown
Residential
7,791
Single Family
6,813
Multi-Family
978
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pam Stein • Roberts Brothers, Inc Malbis
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #383232
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.