406 James CtMillbrookAL36054
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
Investment property for sale in Millbrook at 406 James Ct, Millbrook, AL, 36054 offers a 9.2% rental yield on a $150,000 purchase with $1,150/mo rent. Total monthly income registers $1,150/mo, and a $734/mo payment leaves $304/mo available for distribution. Annual cash flow reaches $3,642/yr on $49,725 to close, and return on cash invested stands at 27.23% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 141.45% and total cumulative return in cash at $70,338. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,150/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
6,969 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices