6849 Davis CirWingAL36483
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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
Investment property for sale in Wing at 6849 Davis Cir, Wing, AL, 36483 uses $39,117 cash to close to unlock $4,830/yr annual cash flow and $403/mo monthly cash flow. Total monthly income runs $1,069/mo, and a $578/mo payment keeps the spread at $403/mo. Purchase price stands at $118,000, and rental yield measures 10.87% with $1,069/mo rent. Return on cash invested shows 32.26% in year one, and 5% annual appreciation builds toward $32,601 over five years. Five-year ROI reaches 168.4% and total cumulative return in cash records $65,871. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,069/mo property income covering a $578/mo payment rather than investor’s personal income.
Single Family
Built in 1959
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36483, Wing, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 277 (100%) |
| Owner Occupied HU | 180 (65.0%) |
| Renter Occupied HU | 30 (10.8%) |
| Vacant Housing Units | 67 (24.2%) |
| Median Home Value | $173,214 |
| Average Home Value | $179,639 |
Housing Distribution
Address Breakdown
Residential
248
Single Family
248
Multi-Family
0
Businesses
12
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Listed by: Justin L Stovall • 21St Century Realty
Mls Name: Covington AOR
Mls Provider:
Mls ID: #24659
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.