43 Glenwood 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
Rental property for sale in Millbrook at 43 Glenwood Ct, Millbrook, AL, 36054 offers $1,040/mo rent that, after a $661/mo payment, leaves $266/mo cash flow. Total monthly income is $1,040/mo, and annual cash flow is $3,195/yr on $44,753 cash. Return on cash invested measures 27.05% in year one, and rental yield stands at 9.24% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 140.59% and total cumulative return in cash reaches $62,917. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,040/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1979
N/A 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
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Nearby investment properties with comparable prices
Listed by: Melissa Land • Thomas & Land Real Est Grp LLC
Mls Name: MAAR
Mls Provider:
Mls ID: #566925
Disclaimer: Information is deemed reliable, but not guaranteed. Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. Real estate listings held by brokerage firms other than Zillow, Inc are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.