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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 Smiths Station at 51 Quail Run Ct, Smiths Station, AL, 36877 priced at $379,900 converts $3,408/mo rent into $1,264/mo cash flow after a $1,859/mo obligation. Total monthly income equals $3,408/mo, and annual cash flow totals $15,169/yr on $125,937 invested. Return on cash invested prints 31.95% in year one, and rental yield reads 10.76% against a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation compiles into $104,959 by year five. Five-year ROI reaches 166.75% and total cumulative return in cash sums $210,005. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,408/mo property income covering a $1,859/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36877, Smiths, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,603 (100%) |
| Owner Occupied HU | 3,741 (66.8%) |
| Renter Occupied HU | 1,540 (27.5%) |
| Vacant Housing Units | 322 ( 5.7%) |
| Median Home Value | $289,532 |
| Average Home Value | $326,925 |
Residential
5,334
Single Family
5,052
Multi-Family
282
Businesses
243
Date | Event | Price |
|---|---|---|
| 2024-11-22 | Sold | $379,900 |
| 2024-10-15 | Pending sale | $379,900 |
| 2024-03-20 | Listed for sale | $379,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: LISA BANCER • HUGHSTON HOMES MARKETING
Mls Name: LCMLS
Mls ID: #171745
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.
