605 Remington Ct SEJacksonvilleAL36265
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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
Rental property for sale in Jacksonville at 605 Remington Ct SE, Jacksonville, AL, 36265 priced at $385,900 pairs $2,585/mo rent with $407/mo cash flow after a $1,889/mo payment. Total monthly income equals $2,585/mo, and annual cash flow comes to $4,879/yr on $127,926 invested. Return on cash invested is 23.72% in year one, and rental yield stands at 8.04% on a $385,900 basis. Equity gained on principal adds $2,490/yr, and 5% annual appreciation accumulates to $106,617 by year five. Five-year ROI measures 122.58% and total cumulative return in cash reaches $156,809. For financing, Ziffy Mortgage’s DSCR program evaluates $2,585/mo property income against a $1,889/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36265, Jacksonville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,698 (100%) |
| Owner Occupied HU | 5,241 (54.0%) |
| Renter Occupied HU | 3,112 (32.1%) |
| Vacant Housing Units | 1,345 (13.9%) |
| Median Home Value | $200,030 |
| Average Home Value | $228,449 |
Housing Distribution
Address Breakdown
Residential
8,651
Single Family
8,397
Multi-Family
254
Businesses
482
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Listed by: Regina Stancil • Keller Williams Realty Group
Mls Name: GALMLS
Mls ID: #21438342