450 Farrar LnAtmoreAL36502
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 Atmore at 450 Farrar Ln, Atmore, AL, 36502 at $199,900 posts ROI 21.76% with $102/mo cash flow from $1,230/mo rent. Total monthly income equals $1,230/mo, and annual cash flow records $1,225/yr on $66,267 to close. Return on cash invested measures 21.76% and rental yield reads 7.38% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 112.11% and total cumulative return in cash totals $74,293.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,230/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
14.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36502, Atmore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,598 (100%) |
| Owner Occupied HU | 4,436 (58.4%) |
| Renter Occupied HU | 2,196 (28.9%) |
| Vacant Housing Units | 966 (12.7%) |
| Median Home Value | $150,761 |
| Average Home Value | $170,867 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,691
Multi-Family
255
Businesses
559
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices