610 Madison DrPrattvilleAL36066
Nearby investment properties with comparable rents
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 Prattville at 610 Madison Dr, Prattville, AL, 36066 at $449,900 posts ROI 21.39% with $184/mo cash flow from $2,723/mo rent. Total monthly income equals $2,723/mo, and annual cash flow records $2,203/yr on $149,142 to close. Return on cash invested measures 21.39% and rental yield reads 7.26% at the current $449,900. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 by year five. Five-year ROI prints 110.05% and total cumulative return in cash totals $164,134.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,723/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36066, Prattville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,821 (100%) |
| Owner Occupied HU | 5,835 (59.4%) |
| Renter Occupied HU | 3,535 (36.0%) |
| Vacant Housing Units | 451 ( 4.6%) |
| Median Home Value | $233,018 |
| Average Home Value | $261,985 |
Housing Distribution
Address Breakdown
Residential
9,473
Single Family
8,706
Multi-Family
767
Businesses
562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amee Carr • RE/MAX Cornerstone Plus
Mls Name: MAAR
Mls ID: #582614