63 Clairmont AveMonroevilleAL36460
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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 Monroeville at 63 Clairmont Ave, Monroeville, AL, 36460 offers a 10.82% rental yield on a $374,500 purchase with $3,378/mo rent. Total monthly income registers $3,378/mo, and a $1,833/mo payment leaves $1,264/mo available for distribution. Annual cash flow reaches $15,170/yr on $124,147 to close, and return on cash invested stands at 32.13% in year one. Equity gained on principal adds $2,417/yr while 5% annual appreciation supports $103,467 over five years. Portfolio math shows five-year ROI at 167.68% and total cumulative return in cash at $208,166. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,378/mo property income against a $1,833/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36460, Monroeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,919 (100%) |
| Owner Occupied HU | 2,845 (57.8%) |
| Renter Occupied HU | 1,296 (26.3%) |
| Vacant Housing Units | 778 (15.8%) |
| Median Home Value | $172,455 |
| Average Home Value | $206,851 |
Housing Distribution
Address Breakdown
Residential
4,271
Single Family
3,954
Multi-Family
317
Businesses
392
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Listed by: Amelia Stacey • WOODLAND REALTY, LLC
Mls Name: Monroe County BOR
Mls ID: #17337