596 County Road 61ColumbiaAL36319
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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 Columbia at 596 County Road 61, Columbia, AL, 36319 earns from $1,170/mo rent with a $1,199/mo payment. Total monthly income totals $1,170/mo. ROI tracks 16.77% on current figures, and rental yield reads 5.73% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 85.31% and total cumulative return in cash sums $69,288. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,170/mo property income instead of your personal income.
Single Family
Built in 1973
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36319, Columbia, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,341 (100%) |
| Owner Occupied HU | 896 (66.8%) |
| Renter Occupied HU | 230 (17.2%) |
| Vacant Housing Units | 215 (16.0%) |
| Median Home Value | $169,257 |
| Average Home Value | $187,695 |
Housing Distribution
Address Breakdown
Residential
967
Single Family
967
Multi-Family
0
Businesses
47
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