622 State Highway 21 RdPrattvilleAL36067
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
Total monthly income runs $1,562/mo, and a $2,374/mo payment. Purchase price stands at $485,000, and rental yield measures 3.86% with $1,562/mo rent. Return on cash invested shows 11.13% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 55.08% and total cumulative return in cash records $88,562. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,562/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 2011
84.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36067, Prattville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,851 (100%) |
| Owner Occupied HU | 8,099 (68.3%) |
| Renter Occupied HU | 2,648 (22.3%) |
| Vacant Housing Units | 1,104 ( 9.3%) |
| Median Home Value | $205,070 |
| Average Home Value | $237,005 |
Housing Distribution
Address Breakdown
Residential
11,346
Single Family
11,255
Multi-Family
91
Businesses
605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randall Bader • Hannah & Eddie Realty Group
Mls Name: MAAR
Mls ID: #583193