603 S Three Notch StAndalusiaAL36420
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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
Investment property for sale in Andalusia at 603 S Three Notch St, Andalusia, AL, 36420 at $137,500 posts ROI 31.44% with $438/mo cash flow from $1,214/mo rent. Total monthly income equals $1,214/mo, and annual cash flow records $5,255/yr on $45,581 to close. Return on cash invested measures 31.44% and rental yield reads 10.59% at the current $137,500. Equity gained on principal adds $887/yr, and 5% annual appreciation supports $37,989 by year five. Five-year ROI prints 163.92% and total cumulative return in cash totals $74,717.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,214/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36420, Andalusia, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,481 (100%) |
| Owner Occupied HU | 3,159 (57.6%) |
| Renter Occupied HU | 1,431 (26.1%) |
| Vacant Housing Units | 891 (16.3%) |
| Median Home Value | $197,120 |
| Average Home Value | $227,225 |
Housing Distribution
Address Breakdown
Residential
4,749
Single Family
4,679
Multi-Family
70
Businesses
842
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Listed by: Andria J Jones • Premier Properties
Mls Name: Covington AOR
Mls Provider:
Mls ID: #25199
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.