4400 Canterbury StMount OliveAL35117
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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
Investment property for sale in Mount Olive at 4400 Canterbury St, Mount Olive, AL, 35117 earns $649/mo cash flow from $2,465/mo rent with a $1,542/mo payment. Total monthly income totals $2,465/mo, and annual cash flow totals $7,793/yr on $104,423 capital. ROI tracks 27.37% on current figures, and rental yield reads 9.39% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 142.33% and total cumulative return in cash sums $148,625. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,465/mo property income instead of your personal income.
Single Family
Built in 2000
6,969 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35117, Mount Olive, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,686 (100%) |
| Owner Occupied HU | 2,258 (84.1%) |
| Renter Occupied HU | 289 (10.8%) |
| Vacant Housing Units | 139 ( 5.2%) |
| Median Home Value | $290,234 |
| Average Home Value | $310,559 |
Housing Distribution
Address Breakdown
Residential
2,629
Single Family
2,629
Multi-Family
0
Businesses
55
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Listed by: Cathy O'berry • ARC Realty - Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418916
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.