42 Belleville LnCastleberryAL36432
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 Castleberry at 42 Belleville Ln, Castleberry, AL, 36432 at $489,900 posts ROI 10.43% with from $1,482/mo rent. Total monthly income equals $1,482/mo. Return on cash invested measures 10.43% and rental yield reads 3.63% at the current $489,900. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 by year five. Five-year ROI prints 51.28% and total cumulative return in cash totals $83,285. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,482/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36432, Castleberry, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,253 (100%) |
| Owner Occupied HU | 837 (66.8%) |
| Renter Occupied HU | 192 (15.3%) |
| Vacant Housing Units | 224 (17.9%) |
| Median Home Value | $117,167 |
| Average Home Value | $163,510 |
Housing Distribution
Address Breakdown
Residential
1,118
Single Family
1,117
Multi-Family
1
Businesses
45
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Nearby investment properties with comparable prices
Listed by: Martha Nall • OMNI AGENCY
Mls Name: Monroe County BOR
Mls Provider:
Mls ID: #17387
Disclaimer: Copyright Monroe County Real Estate Association, Inc. All rights reserved. Information is deemed reliable but not guaranteed.