516 Curtis AveOhatcheeAL36271
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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
Investment property for sale in Ohatchee at 516 Curtis Ave, Ohatchee, AL, 36271 uses $56,189 cash to close to unlock $658/yr annual cash flow and $55/mo monthly cash flow. Total monthly income runs $1,012/mo, and a $830/mo payment keeps the spread at $55/mo. Purchase price stands at $169,500, and rental yield measures 7.16% with $1,012/mo rent. Return on cash invested shows 21.08% in year one, and 5% annual appreciation builds toward $46,830 over five years. Five-year ROI reaches 108.4% and total cumulative return in cash records $60,908. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,012/mo property income covering a $830/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
3.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36271, Ohatchee, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,785 (100%) |
| Owner Occupied HU | 2,035 (73.1%) |
| Renter Occupied HU | 418 (15.0%) |
| Vacant Housing Units | 332 (11.9%) |
| Median Home Value | $187,230 |
| Average Home Value | $212,903 |
Housing Distribution
Address Breakdown
Residential
2,605
Single Family
2,605
Multi-Family
0
Businesses
102
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Listed by: Betty Mcginnis • Kelly Right Real Estate of Ala
Mls Name: GALMLS
Mls Provider:
Mls ID: #21423653
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.