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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ashland at 674 Old Mill Loop, Ashland, AL, 36251 generates $1,631/mo in rent, after a $1,801/mo payment. Total monthly income is $1,631/mo. Return on cash invested sits at 15.52% in year one, and rental yield is 5.32% on a $368,000 entry. Equity gained on principal adds $2,375/yr, while 5% annual appreciation builds toward $101,672 over five years. Five-year ROI reaches 78.59% and total cumulative return in cash sums $95,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,631/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
9.15 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36251, Ashland, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,668 (100%) |
| Owner Occupied HU | 1,643 (61.6%) |
| Renter Occupied HU | 586 (22.0%) |
| Vacant Housing Units | 439 (16.5%) |
| Median Home Value | $219,279 |
| Average Home Value | $253,869 |
Residential
2,105
Single Family
2,105
Multi-Family
0
Businesses
182
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Listed for sale | $368,000 |
| 2024-11-25 | Contingent | $368,000 |
| 2024-11-06 | Listed for sale | $368,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-29 | N/A | N/A | $18,440 | 29.31% |
| 2022-01-29 | $394.06 | N/A | $14,260 | N/A |
| 2021-01-29 | $394.06 | N/A | $14,260 | N/A |
What's Special
Pull Down Stairs,Yes
Listed by: Chelsea Rush • Hunter Bend Realty, LLC Lineville Branch
Mls Name: GALMLS
Mls Provider:
Mls ID: #21392072
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.
