50300 Phillipsville Rd, Bay Minette, AL, 36507 | 5.69% Rental Yield

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $996/mo, and a $1,029/mo payment. Purchase price stands at $210,200, and rental yield measures 5.69% with $996/mo rent. Return on cash invested shows 16.63% in year one, and 5% annual appreciation builds toward $58,074 over five years. Five-year ROI reaches 84.57% and total cumulative return in cash records $58,926. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $996/mo property income covering a $1,029/mo payment rather than investor’s personal income.

Manufactured

Built in 1997

33 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 36507, Bay Minette, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,008 (100%)
Owner Occupied HU	5,931 (65.8%)
Renter Occupied HU	1,994 (22.1%)
Vacant Housing Units	1,083 (12.0%)
Median Home Value	$244,654
Average Home Value	$269,012