438 E Mill RdLinevilleAL36266
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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
Rental property for sale in Lineville at 438 E Mill Rd, Lineville, AL, 36266 generates $1,856/mo in rent, after a $2,055/mo payment. Total monthly income is $1,856/mo. Return on cash invested sits at 15.48% in year one, and rental yield is 5.3% on a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 78.4% and total cumulative return in cash sums $109,128. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,856/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36266, Lineville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,055 (100%) |
| Owner Occupied HU | 1,682 (55.1%) |
| Renter Occupied HU | 701 (22.9%) |
| Vacant Housing Units | 672 (22.0%) |
| Median Home Value | $246,815 |
| Average Home Value | $305,330 |
Housing Distribution
Address Breakdown
Residential
2,588
Single Family
2,496
Multi-Family
92
Businesses
169
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