506 N Martin Lurther BlvdUnion SpringsAL36089








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 Union Springs at 506 N Martin Lurther Blvd, Union Springs, AL, 36089 priced at $195,000 pairs $1,545/mo rent with $445/mo cash flow after a $954/mo payment. Total monthly income equals $1,545/mo, and annual cash flow comes to $5,337/yr on $64,643 invested. Return on cash invested is 28.17% in year one, and rental yield stands at 9.51% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 146.41% and total cumulative return in cash reaches $94,642. For financing, Ziffy Mortgage’s DSCR program evaluates $1,545/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36089, Union Springs, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,333 (100%) |
| Owner Occupied HU | 1,836 (55.1%) |
| Renter Occupied HU | 1,050 (31.5%) |
| Vacant Housing Units | 447 (13.4%) |
| Median Home Value | $105,491 |
| Average Home Value | $160,588 |
Housing Distribution
Address Breakdown
Residential
2,856
Single Family
2,805
Multi-Family
51
Businesses
248
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Nearby investment properties with comparable prices



Listed by: Sharon Green • Real Estate Associates Of AL
Mls Name: Pike County BOR
Mls Provider:
Mls ID: #27391
Disclaimer: Copyright Pike County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.







