68 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
Rental property for sale in Monroeville at 68 Clairmont Ave, Monroeville, AL, 36460 offers $594/mo rent that, after a $1,786/mo payment. Total monthly income is $594/mo. Return on cash invested measures 5.37% in year one, and rental yield stands at 1.95% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 24.2% and total cumulative return in cash reaches $29,287. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $594/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through 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: #17541