5192 Highway 96MillportAL35576
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Millport at 5192 Highway 96, Millport, AL, 35576 offers a 8.27% rental yield on a $255,000 purchase with $1,757/mo rent. Total monthly income registers $1,757/mo, and a $1,248/mo payment leaves $318/mo available for distribution. Annual cash flow reaches $3,813/yr on $84,533 to close, and return on cash invested stands at 24.42% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 126.31% and total cumulative return in cash at $106,772. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,757/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35576, Millport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,592 (100%) |
| Owner Occupied HU | 1,054 (66.2%) |
| Renter Occupied HU | 275 (17.3%) |
| Vacant Housing Units | 263 (16.5%) |
| Median Home Value | $151,773 |
| Average Home Value | $174,386 |
Housing Distribution
Address Breakdown
Residential
1,310
Single Family
1,310
Multi-Family
0
Businesses
59
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