505 Mountain Ridge RdMillbrookAL36054
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
Rental property for sale in Millbrook at 505 Mountain Ridge Rd, Millbrook, AL, 36054 priced at $307,000 pairs $2,284/mo rent with $539/mo cash flow after a $1,503/mo payment. Total monthly income equals $2,284/mo, and annual cash flow comes to $6,465/yr on $101,771 invested. Return on cash invested is 26.26% in year one, and rental yield stands at 8.93% on a $307,000 basis. Equity gained on principal adds $1,981/yr, and 5% annual appreciation accumulates to $84,818 by year five. Five-year ROI measures 136.25% and total cumulative return in cash reaches $138,662. For financing, Ziffy Mortgage’s DSCR program evaluates $2,284/mo property income against a $1,503/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
0.53 Acres lot
$N/A/sqft
$12 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36054, Millbrook, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,676 (100%) |
| Owner Occupied HU | 4,286 (64.2%) |
| Renter Occupied HU | 2,097 (31.4%) |
| Vacant Housing Units | 293 ( 4.4%) |
| Median Home Value | $212,523 |
| Average Home Value | $233,007 |
Housing Distribution
Address Breakdown
Residential
6,189
Single Family
5,416
Multi-Family
773
Businesses
567
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