40344 State Highway 10Sweet WaterAL36782
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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 Sweet Water at 40344 State Highway 10, Sweet Water, AL, 36782 generates $2,230/mo in rent and, after a $1,273/mo payment, leaves $762/mo in cash flow. Total monthly income is $2,230/mo, and annual cash flow is $9,144/yr on $86,190 invested. Return on cash invested sits at 30.52% in year one, and rental yield is 10.29% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 159% and total cumulative return in cash sums $137,045. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,230/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36782, Sweet Water, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,229 (100%) |
| Owner Occupied HU | 839 (68.3%) |
| Renter Occupied HU | 153 (12.4%) |
| Vacant Housing Units | 237 (19.3%) |
| Median Home Value | $138,542 |
| Average Home Value | $170,030 |
Housing Distribution
Address Breakdown
Residential
920
Single Family
920
Multi-Family
0
Businesses
28
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Listed by: Gayle McPhearson • Black Belt Land & Realty, Inc.
Mls Name: Blackbelt MLS
Mls ID: #24-57
Disclaimer: Copyright Blackbelt MLS. All rights reserved. Information is deemed reliable but not guaranteed.