608 County Road 487MoultonAL35650
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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 Moulton at 608 County Road 487, Moulton, AL, 35650 generates $1,980/mo in rent and, after a $1,566/mo payment, leaves $174/mo in cash flow. Total monthly income is $1,980/mo, and annual cash flow is $2,088/yr on $106,080 invested. Return on cash invested sits at 21.88% in year one, and rental yield is 7.42% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 112.66% and total cumulative return in cash sums $119,511. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35650, Moulton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,353 (100%) |
| Owner Occupied HU | 4,537 (71.4%) |
| Renter Occupied HU | 1,280 (20.1%) |
| Vacant Housing Units | 536 ( 8.4%) |
| Median Home Value | $186,944 |
| Average Home Value | $202,211 |
Housing Distribution
Address Breakdown
Residential
6,108
Single Family
6,010
Multi-Family
98
Businesses
528
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