620 Madison DrPrattvilleAL36066
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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
Investment property for sale in Prattville at 620 Madison Dr, Prattville, AL, 36066 offers a 6.44% rental yield on a $509,000 purchase with $2,730/mo rent. 04% in year one. Equity gained on principal adds $3,285/yr while 5% annual appreciation supports $140,627 over five years. Portfolio math shows five-year ROI at 97.43% and total cumulative return in cash at $163,165. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,730/mo property income against a $2,491/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.32 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
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Listed by: Terra Jorgensen • KW Montgomery
Mls Name: MAAR
Mls ID: #577045