413 Macmillian DrThomasvilleAL36784
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 Thomasville at 413 Macmillian Dr, Thomasville, AL, 36784 offers a 15.7% rental yield on a $118,500 purchase with $1,550/mo rent. Total monthly income registers $1,550/mo, and a $580/mo payment leaves $881/mo available for distribution. Annual cash flow reaches $10,573/yr on $39,283 to close, and return on cash invested stands at 46.83% in year one. Equity gained on principal adds $765/yr while 5% annual appreciation supports $32,739 over five years. Portfolio math shows five-year ROI at 246.59% and total cumulative return in cash at $96,868. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,550/mo property income against a $580/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36784, Thomasville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,761 (100%) |
| Owner Occupied HU | 2,178 (57.9%) |
| Renter Occupied HU | 845 (22.5%) |
| Vacant Housing Units | 738 (19.6%) |
| Median Home Value | $193,151 |
| Average Home Value | $232,951 |
Housing Distribution
Address Breakdown
Residential
3,214
Single Family
3,162
Multi-Family
52
Businesses
364
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Nearby investment properties with comparable prices
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