6038 Margie Collins Dr SEOwens Cross RoadsAL35763
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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 Owens Cross Roads at 6038 Margie Collins Dr SE, Owens Cross Roads, AL, 35763 earns $99/mo cash flow from $2,560/mo rent with a $2,134/mo payment. Total monthly income totals $2,560/mo, and annual cash flow totals $1,189/yr on $144,501 capital. ROI tracks 20.73% on current figures, and rental yield reads 7.05% at a $435,900 purchase. Equity gained on principal adds $2,813/yr, and 5% annual appreciation supports $120,431 over five years. Five-year ROI reaches 106.57% and total cumulative return in cash sums $153,991. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,560/mo property income instead of your personal income.
Single Family
Built in 2023
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35763, Owens Cross Roads, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,206 (100%) |
| Owner Occupied HU | 7,738 (84.1%) |
| Renter Occupied HU | 1,165 (12.7%) |
| Vacant Housing Units | 303 ( 3.3%) |
| Median Home Value | $436,995 |
| Average Home Value | $478,066 |
Housing Distribution
Address Breakdown
Residential
9,173
Single Family
9,173
Multi-Family
0
Businesses
322
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Listed by: Carrie Branscum • KW Huntsville Keller Williams
Mls Name: ValleyMLS
Mls ID: #21897369