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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Tuskegee at 507 S Elm St, Tuskegee, AL, 36083 generates $1,501/mo in rent and, after a $978/mo payment, leaves $373/mo in cash flow. Total monthly income is $1,501/mo, and annual cash flow is $4,477/yr on $66,267 invested. Return on cash invested sits at 26.66% in year one, and rental yield is 9.01% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 138.42% and total cumulative return in cash sums $91,729. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,501/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36083, Tuskegee, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,457 (100%) |
| Owner Occupied HU | 2,150 (48.2%) |
| Renter Occupied HU | 1,476 (33.1%) |
| Vacant Housing Units | 831 (18.6%) |
| Median Home Value | $104,713 |
| Average Home Value | $166,097 |
Residential
3,539
Single Family
3,373
Multi-Family
166
Businesses
371
Date | Event | Price |
|---|---|---|
| 2025-01-16 | Price change | $199,900 |
| 2024-11-21 | Listed for sale | $229,286 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: RONNIE GILES • GILES & GILES REAL ESTATE
Mls Name: LCMLS
Mls ID: #172508
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.
