66 Magnolia LnSumitonAL35148
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 Sumiton at 66 Magnolia Ln, Sumiton, AL, 35148 at $239,000 posts ROI 23.09% with $210/mo cash flow from $1,559/mo rent. Total monthly income equals $1,559/mo, and annual cash flow records $2,517/yr on $79,229 to close. Return on cash invested measures 23.09% and rental yield reads 7.83% at the current $239,000. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 by year five. Five-year ROI prints 119.17% and total cumulative return in cash totals $94,416.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,559/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35148, Sumiton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,143 (100%) |
| Owner Occupied HU | 734 (64.2%) |
| Renter Occupied HU | 286 (25.0%) |
| Vacant Housing Units | 123 (10.8%) |
| Median Home Value | $156,507 |
| Average Home Value | $177,371 |
Housing Distribution
Address Breakdown
Residential
1,077
Single Family
1,077
Multi-Family
0
Businesses
180
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Listed by: Josh Vernon • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21399166
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.