6002 Goat Hill RdSamsonAL36477
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Samson at 6002 Goat Hill Rd, Samson, AL, 36477 priced at $275,000 converts $1,261/mo rent into after a $1,346/mo obligation. Total monthly income equals $1,261/mo. Return on cash invested prints 16.08% in year one, and rental yield reads 5.5% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 81.57% and total cumulative return in cash sums $74,363. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,261/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1970
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36477, Samson, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,258 (100%) |
| Owner Occupied HU | 1,346 (59.6%) |
| Renter Occupied HU | 563 (24.9%) |
| Vacant Housing Units | 349 (15.5%) |
| Median Home Value | $106,780 |
| Average Home Value | $159,846 |
Housing Distribution
Address Breakdown
Residential
2,204
Single Family
2,204
Multi-Family
0
Businesses
184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina Johnson • Property Champions Real Estate
Mls Name: WBOR
Mls ID: #552820
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.