470 Singer LnAbbevilleAL36310
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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 Abbeville at 470 Singer Ln, Abbeville, AL, 36310 priced at $147,450 pairs $1,165/mo rent with $325/mo cash flow after a $722/mo payment. Total monthly income equals $1,165/mo, and annual cash flow comes to $3,896/yr on $48,880 invested. Return on cash invested is 27.88% in year one, and rental yield stands at 9.48% on a $147,450 basis. Equity gained on principal adds $951/yr, and 5% annual appreciation accumulates to $40,738 by year five. Five-year ROI measures 144.99% and total cumulative return in cash reaches $70,869. For financing, Ziffy Mortgage’s DSCR program evaluates $1,165/mo property income against a $722/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36310, Abbeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 2,145 (53.0%) |
| Renter Occupied HU | 634 (15.7%) |
| Vacant Housing Units | 1,266 (31.3%) |
| Median Home Value | $126,862 |
| Average Home Value | $189,301 |
Housing Distribution
Address Breakdown
Residential
3,111
Single Family
3,111
Multi-Family
0
Businesses
248
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