583 Simpson RdOhatcheeAL36271
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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 583 Simpson Rd, Ohatchee, AL, 36271 at $189,900 posts ROI 14.93% with from $810/mo rent. Total monthly income equals $810/mo. Return on cash invested measures 14.93% and rental yield reads 5.12% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 75.42% and total cumulative return in cash totals $47,477. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $810/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2005
1.94 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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