586 Romine Bailey RdNauvooAL35578
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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 Nauvoo at 586 Romine Bailey Rd, Nauvoo, AL, 35578 offers a 9.33% rental yield on a $123,200 purchase with $958/mo rent. Total monthly income registers $958/mo, and a $603/mo payment leaves $263/mo available for distribution. Annual cash flow reaches $3,151/yr on $40,841 to close, and return on cash invested stands at 27.62% in year one. Equity gained on principal adds $795/yr while 5% annual appreciation supports $34,038 over five years. Portfolio math shows five-year ROI at 143.54% and total cumulative return in cash at $58,624. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $958/mo property income against a $603/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35578, Nauvoo, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,453 (100%) |
| Owner Occupied HU | 1,656 (67.5%) |
| Renter Occupied HU | 418 (17.0%) |
| Vacant Housing Units | 379 (15.5%) |
| Median Home Value | $133,974 |
| Average Home Value | $185,079 |
Housing Distribution
Address Breakdown
Residential
2,281
Single Family
2,281
Multi-Family
0
Businesses
46
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