5932 N State Highway 123SlocombAL36375
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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 Slocomb at 5932 N State Highway 123, Slocomb, AL, 36375 listed at $123,000 pairs $2,003/mo rent with a $602/mo payment to leave $1,309/mo cash flow. Total monthly income runs $2,003/mo, and annual cash flow reaches $15,705/yr on $40,775 cash to close. Return on cash invested measures 58.43% in year one, and rental yield registers 19.54% at a $123,000 basis. Equity gained on principal adds $794/yr, and annual property appreciation at 5% supports $33,983 by year five. Five-year ROI tracks 308.7% and total cumulative return in cash totals $125,869. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,003/mo property income relative to a $602/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36375, Slocomb, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,600 (100%) |
| Owner Occupied HU | 2,392 (66.4%) |
| Renter Occupied HU | 719 (20.0%) |
| Vacant Housing Units | 489 (13.6%) |
| Median Home Value | $145,968 |
| Average Home Value | $176,801 |
Housing Distribution
Address Breakdown
Residential
3,354
Single Family
3,327
Multi-Family
27
Businesses
172
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Listed by: Danny Wilkins • Ingram Realty, LLC
Mls Name: SAMLS
Mls ID: #205771
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.