5618 3rd StSatsumaAL36572
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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 Satsuma at 5618 3rd St, Satsuma, AL, 36572 offers a 10.01% rental yield on a $189,000 purchase with $1,576/mo rent. Total monthly income registers $1,576/mo, and a $925/mo payment leaves $506/mo available for distribution. Annual cash flow reaches $6,073/yr on $62,654 to close, and return on cash invested stands at 29.6% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 154.18% and total cumulative return in cash at $96,598. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,576/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36572, Satsuma, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,850 (100%) |
| Owner Occupied HU | 2,250 (78.9%) |
| Renter Occupied HU | 448 (15.7%) |
| Vacant Housing Units | 152 ( 5.3%) |
| Median Home Value | $238,032 |
| Average Home Value | $284,871 |
Housing Distribution
Address Breakdown
Residential
2,709
Single Family
2,709
Multi-Family
0
Businesses
119
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Listed by: Laura Jednat • RE/MAX Realty Professionals
Mls Name: GCMLS
Mls Provider:
Mls ID: #7557651
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.