611 E Poplar StAtmoreAL36502
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
Rental property for sale in Atmore at 611 E Poplar St, Atmore, AL, 36502 offers $1,230/mo rent that, after a $611/mo payment, leaves $525/mo cash flow. Total monthly income is $1,230/mo, and annual cash flow is $6,304/yr on $41,404 cash. Return on cash invested measures 35.13% in year one, and rental yield stands at 11.82% at a $124,900 entry. Equity gained on principal adds $806/yr while 5% annual appreciation compounds into $34,508 by year five. Five-year ROI records 183.86% and total cumulative return in cash reaches $76,126. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,230/mo property income versus a $611/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36502, Atmore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,598 (100%) |
| Owner Occupied HU | 4,436 (58.4%) |
| Renter Occupied HU | 2,196 (28.9%) |
| Vacant Housing Units | 966 (12.7%) |
| Median Home Value | $150,761 |
| Average Home Value | $170,867 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,691
Multi-Family
255
Businesses
559
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Listed by: Debbie Rowell • SOUTHERN REAL ESTATE
Mls Name: PAR
Mls Provider:
Mls ID: #656844
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