505 N Mulberry AveButlerAL36904
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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 Butler at 505 N Mulberry Ave, Butler, AL, 36904 priced at $210,800 pairs $1,841/mo rent with $651/mo cash flow after a $1,032/mo payment. Total monthly income equals $1,841/mo, and annual cash flow comes to $7,811/yr on $69,880 invested. Return on cash invested is 31.09% in year one, and rental yield stands at 10.48% on a $210,800 basis. Equity gained on principal adds $1,360/yr, and 5% annual appreciation accumulates to $58,240 by year five. Five-year ROI measures 162.06% and total cumulative return in cash reaches $113,247. For financing, Ziffy Mortgage’s DSCR program evaluates $1,841/mo property income against a $1,032/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36904, Butler, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,129 (100%) |
| Owner Occupied HU | 1,255 (58.9%) |
| Renter Occupied HU | 460 (21.6%) |
| Vacant Housing Units | 414 (19.4%) |
| Median Home Value | $161,711 |
| Average Home Value | $210,183 |
Housing Distribution
Address Breakdown
Residential
1,725
Single Family
1,677
Multi-Family
48
Businesses
241
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