507 McKee StPiedmontAL36272
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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 Piedmont at 507 McKee St, Piedmont, AL, 36272 priced at $170,000 converts $1,530/mo rent into $571/mo cash flow after a $832/mo obligation. Total monthly income equals $1,530/mo, and annual cash flow totals $6,846/yr on $56,355 invested. Return on cash invested prints 32.06% in year one, and rental yield reads 10.8% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 167.32% and total cumulative return in cash sums $94,293. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,530/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36272, Piedmont, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,988 (100%) |
| Owner Occupied HU | 4,062 (67.8%) |
| Renter Occupied HU | 1,138 (19.0%) |
| Vacant Housing Units | 788 (13.2%) |
| Median Home Value | $161,014 |
| Average Home Value | $181,000 |
Housing Distribution
Address Breakdown
Residential
5,681
Single Family
5,681
Multi-Family
0
Businesses
332
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Listed by: Phillip Winkles • Keller Williams Realty Group
Mls Name: GALMLS
Mls Provider:
Mls ID: #21406560
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.