40 Bigger StMonroevilleAL36460
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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
Rental property for sale in Monroeville at 40 Bigger St, Monroeville, AL, 36460 generates $1,087/mo in rent, after a $978/mo payment. Total monthly income is $1,087/mo. Return on cash invested sits at 18.27% in year one, and rental yield is 6.53% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 93.68% and total cumulative return in cash sums $62,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,087/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.37 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: Colton Cumbie • OMNI AGENCY
Mls Name: Monroe County BOR
Mls Provider:
Mls ID: #17489
Disclaimer: Copyright Monroe County Real Estate Association, Inc. All rights reserved. Information is deemed reliable but not guaranteed.