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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Pittsview at 6009 Highway 431 N, Pittsview, AL, 36871 listed at $116,000 pairs $884/mo rent with a $568/mo payment to leave $229/mo cash flow. Total monthly income runs $884/mo, and annual cash flow reaches $2,748/yr on $38,454 cash to close. Return on cash invested measures 27.06% in year one, and rental yield registers 9.14% at a $116,000 basis. Equity gained on principal adds $749/yr, and annual property appreciation at 5% supports $32,049 by year five. Five-year ROI tracks 140.43% and total cumulative return in cash totals $53,999. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $884/mo property income relative to a $568/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
8 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36871, Pittsview, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 725 (100%) |
| Owner Occupied HU | 471 (65.0%) |
| Renter Occupied HU | 101 (13.9%) |
| Vacant Housing Units | 153 (21.1%) |
| Median Home Value | $217,135 |
| Average Home Value | $231,332 |
Residential
499
Single Family
499
Multi-Family
0
Businesses
33
Date | Event | Price |
|---|---|---|
| 2024-10-09 | Price change | $116,000 |
| 2024-09-18 | Price change | $117,200 |
| 2024-09-03 | Price change | $119,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: DANA ROWELL • REALHOME SERVICES AND SOLUTIONS INC
Mls Name: LCMLS
Mls ID: #168811
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.
