550 Norwood RdMonroevilleAL36460
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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 Monroeville at 550 Norwood Rd, Monroeville, AL, 36460 earns $512/mo cash flow from $2,146/mo rent with a $1,417/mo payment. Total monthly income totals $2,146/mo, and annual cash flow totals $6,142/yr on $95,969 capital. ROI tracks 26.31% on current figures, and rental yield reads 8.9% at a $289,500 purchase. Equity gained on principal adds $1,868/yr, and 5% annual appreciation supports $79,984 over five years. Five-year ROI reaches 136.45% and total cumulative return in cash sums $130,947. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,146/mo property income instead of your personal income.
Single Family
Built in 1987
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36460, Monroeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,919 (100%) |
| Owner Occupied HU | 2,845 (57.8%) |
| Renter Occupied HU | 1,296 (26.3%) |
| Vacant Housing Units | 778 (15.8%) |
| Median Home Value | $172,455 |
| Average Home Value | $206,851 |
Housing Distribution
Address Breakdown
Residential
4,271
Single Family
3,954
Multi-Family
317
Businesses
392
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Listed by: Tawny Carter • Keller Williams AGC Realty-Da
Mls Name: Baldwin Realtors
Mls ID: #385510