611 Columbia RdAbbevilleAL36310
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 Abbeville at 611 Columbia Rd, Abbeville, AL, 36310 listed at $239,900 pairs $1,617/mo rent with a $1,174/mo payment to leave $263/mo cash flow. Total monthly income runs $1,617/mo, and annual cash flow reaches $3,157/yr on $79,527 cash to close. Return on cash invested measures 23.88% in year one, and rental yield registers 8.09% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 123.48% and total cumulative return in cash totals $98,203. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,617/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36310, Abbeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 2,145 (53.0%) |
| Renter Occupied HU | 634 (15.7%) |
| Vacant Housing Units | 1,266 (31.3%) |
| Median Home Value | $126,862 |
| Average Home Value | $189,301 |
Housing Distribution
Address Breakdown
Residential
3,111
Single Family
3,111
Multi-Family
0
Businesses
248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crystal Dukes • Keller Williams Realty Southeast Alabama
Mls Name: WBOR
Mls ID: #552395
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.