6387 Cove LnMc CallaAL35111
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
Investment property for sale in Mc Calla at 6387 Cove Ln, Mc Calla, AL, 35111 at $344,000 posts ROI 31.58% with $1,110/mo cash flow from $3,101/mo rent. Total monthly income equals $3,101/mo, and annual cash flow records $13,314/yr on $114,036 to close. Return on cash invested measures 31.58% and rental yield reads 10.82% at the current $344,000. Equity gained on principal adds $2,220/yr, and 5% annual appreciation supports $95,041 by year five. Five-year ROI prints 164.94% and total cumulative return in cash totals $188,090.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,101/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
0.40 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35111, Mc Calla, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,079 (100%) |
| Owner Occupied HU | 6,659 (82.4%) |
| Renter Occupied HU | 881 (10.9%) |
| Vacant Housing Units | 539 ( 6.7%) |
| Median Home Value | $291,463 |
| Average Home Value | $316,877 |
Housing Distribution
Address Breakdown
Residential
7,145
Single Family
7,098
Multi-Family
47
Businesses
357
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Listed by: Quentin Carter • Barnes & Associates
Mls Name: GALMLS
Mls Provider:
Mls ID: #21390190
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.