466 Merrick NOzarkAL36360
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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 Ozark at 466 Merrick N, Ozark, AL, 36360 with 5% annual appreciation on a $169,900 basis while $1,080/mo rent supports operations. Total monthly income totals $1,080/mo and a $832/mo payment preserves $121/mo for cash returns. Annual cash flow comes to $1,447/yr on $56,322 deployed, and return on cash invested reaches 22.48% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 7.63%. Five-year ROI measures 115.93% and total cumulative return in cash totals $65,294.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,080/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36360, Ozark, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,373 (100%) |
| Owner Occupied HU | 5,502 (58.7%) |
| Renter Occupied HU | 2,856 (30.5%) |
| Vacant Housing Units | 1,015 (10.8%) |
| Median Home Value | $153,842 |
| Average Home Value | $173,503 |
Housing Distribution
Address Breakdown
Residential
8,920
Single Family
8,513
Multi-Family
407
Businesses
531
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Listed by: SHERRY A CHISHOLM • Leisa Johnson's HomeTown Realty
Mls Name: Wiregrass BOR
Mls ID: #553425
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.