6841 Nora Ln SCitronelleAL36522
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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 Citronelle at 6841 Nora Ln S, Citronelle, AL, 36522 generates $2,303/mo in rent and, after a $1,573/mo payment, leaves $489/mo in cash flow. Total monthly income is $2,303/mo, and annual cash flow is $5,867/yr on $106,544 invested. Return on cash invested sits at 25.42% in year one, and rental yield is 8.6% on a $321,400 entry. Equity gained on principal adds $2,074/yr, while 5% annual appreciation builds toward $88,797 over five years. Five-year ROI reaches 131.65% and total cumulative return in cash sums $140,267. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,303/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36522, Citronelle, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,302 (100%) |
| Owner Occupied HU | 2,286 (69.2%) |
| Renter Occupied HU | 664 (20.1%) |
| Vacant Housing Units | 352 (10.7%) |
| Median Home Value | $202,507 |
| Average Home Value | $238,845 |
Housing Distribution
Address Breakdown
Residential
2,971
Single Family
2,931
Multi-Family
40
Businesses
217
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Listed by: N/A • N/A
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