700 Rountree DrValley GrandeAL36703
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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 Valley Grande at 700 Rountree Dr, Valley Grande, AL, 36703 uses $63,814 cash to close to unlock $4,219/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $1,438/mo, and a $942/mo payment keeps the spread at $352/mo. Purchase price stands at $192,500, and rental yield measures 8.96% with $1,438/mo rent. Return on cash invested shows 26.52% in year one, and 5% annual appreciation builds toward $53,184 over five years. Five-year ROI reaches 137.58% and total cumulative return in cash records $87,797. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,438/mo property income covering a $942/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36703, Selma, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,692 (100%) |
| Owner Occupied HU | 2,477 (43.5%) |
| Renter Occupied HU | 2,332 (41.0%) |
| Vacant Housing Units | 883 (15.5%) |
| Median Home Value | $85,769 |
| Average Home Value | $123,568 |
Housing Distribution
Address Breakdown
Residential
4,773
Single Family
4,319
Multi-Family
454
Businesses
356
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Listed by: Kent Woodruff • Cornerstone Realty LLC.
Mls Name: MAAR
Mls ID: #581919