495 Ivey WayMunfordAL36268
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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 Munford at 495 Ivey Way, Munford, AL, 36268 generates $2,045/mo in rent and, after a $1,272/mo payment, leaves $578/mo in cash flow. Total monthly income is $2,045/mo, and annual cash flow is $6,937/yr on $86,157 invested. Return on cash invested sits at 27.96% in year one, and rental yield is 9.44% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 145.37% and total cumulative return in cash sums $125,242. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,045/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36268, Munford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,401 (100%) |
| Owner Occupied HU | 1,819 (75.8%) |
| Renter Occupied HU | 374 (15.6%) |
| Vacant Housing Units | 208 ( 8.7%) |
| Median Home Value | $150,463 |
| Average Home Value | $175,752 |
Housing Distribution
Address Breakdown
Residential
2,221
Single Family
2,221
Multi-Family
0
Businesses
87
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Listed by: Betty Mcginnis • Kelly Right Real Estate of Ala
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413529
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.