51 Godwin DrAtmoreAL36502
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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 Atmore at 51 Godwin Dr, Atmore, AL, 36502 generates $1,230/mo in rent, after a $1,099/mo payment. Total monthly income is $1,230/mo. Return on cash invested sits at 19.31% in year one, and rental yield is 6.57% on a $224,500 entry. Equity gained on principal adds $1,449/yr, while 5% annual appreciation builds toward $62,025 over five years. Five-year ROI reaches 98.92% and total cumulative return in cash sums $73,616. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,230/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36502, Atmore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,598 (100%) |
| Owner Occupied HU | 4,436 (58.4%) |
| Renter Occupied HU | 2,196 (28.9%) |
| Vacant Housing Units | 966 (12.7%) |
| Median Home Value | $150,761 |
| Average Home Value | $170,867 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,691
Multi-Family
255
Businesses
559
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