630 McBride Cir N #AAxisAL36505
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 Axis at 630 McBride Cir N #A, Axis, AL, 36505 priced at $145,000 converts $1,091/mo rent into $272/mo cash flow after a $710/mo obligation. Total monthly income equals $1,091/mo, and annual cash flow totals $3,267/yr on $48,068 invested. Return on cash invested prints 26.71% in year one, and rental yield reads 9.03% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 138.67% and total cumulative return in cash sums $66,656. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,091/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36505, Axis, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 638 (100%) |
| Owner Occupied HU | 506 (79.3%) |
| Renter Occupied HU | 100 (15.7%) |
| Vacant Housing Units | 32 ( 5.0%) |
| Median Home Value | $207,339 |
| Average Home Value | $251,141 |
Housing Distribution
Address Breakdown
Residential
582
Single Family
582
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices