405 Marks AveBay MinetteAL36507
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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 Bay Minette at 405 Marks Ave, Bay Minette, AL, 36507 with 5% annual appreciation on a $139,900 basis while $1,372/mo rent supports operations. Total monthly income totals $1,372/mo and a $685/mo payment preserves $582/mo for cash returns. Annual cash flow comes to $6,985/yr on $46,377 deployed, and return on cash invested reaches 34.97% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,652 alongside rental yield of 11.77%. Five-year ROI measures 182.99% and total cumulative return in cash totals $84,867.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,372/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36507, Bay Minette, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,008 (100%) |
| Owner Occupied HU | 5,931 (65.8%) |
| Renter Occupied HU | 1,994 (22.1%) |
| Vacant Housing Units | 1,083 (12.0%) |
| Median Home Value | $244,654 |
| Average Home Value | $269,012 |
Housing Distribution
Address Breakdown
Residential
7,944
Single Family
7,570
Multi-Family
374
Businesses
647
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Listed by: Tracy Womack • RE/MAX Signature Properties
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #366056
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.