606 Red Eagle RdOhatcheeAL36271
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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 Ohatchee at 606 Red Eagle Rd, Ohatchee, AL, 36271 priced at $599,900 converts $810/mo rent into after a $2,936/mo obligation. Total monthly income equals $810/mo. Return on cash invested prints 4.4% in year one, and rental yield reads 1.62% against a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,741 by year five. Five-year ROI reaches 18.93% and total cumulative return in cash sums $37,360. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $810/mo property income covering a $2,936/mo payment, not borrower’s personal income.
Manufactured
Built in 2014
20.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36271, Ohatchee, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,785 (100%) |
| Owner Occupied HU | 2,035 (73.1%) |
| Renter Occupied HU | 418 (15.0%) |
| Vacant Housing Units | 332 (11.9%) |
| Median Home Value | $187,230 |
| Average Home Value | $212,903 |
Housing Distribution
Address Breakdown
Residential
2,605
Single Family
2,605
Multi-Family
0
Businesses
102
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