707 King LnSelmaAL36701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Selma at 707 King Ln, Selma, AL, 36701 at $105,000 posts ROI 25.68% with $167/mo cash flow from $800/mo rent. Total monthly income equals $800/mo, and annual cash flow records $2,009/yr on $34,808 to close. Return on cash invested measures 25.68% and rental yield reads 9.14% at the current $105,000. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 by year five. Five-year ROI prints 133.67% and total cumulative return in cash totals $46,526.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36701, Selma, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,227 (100%) |
| Owner Occupied HU | 5,463 (53.4%) |
| Renter Occupied HU | 3,399 (33.2%) |
| Vacant Housing Units | 1,365 (13.3%) |
| Median Home Value | $114,721 |
| Average Home Value | $152,100 |
Housing Distribution
Address Breakdown
Residential
9,214
Single Family
8,267
Multi-Family
947
Businesses
715
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Nearby investment properties with comparable prices
Listed by: Joyce S. Harris • Covenant Realty - Selma
Mls Name: MAAR
Mls Provider:
Mls ID: #576308
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