708 Waverly LnPrattvilleAL36067
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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 Prattville at 708 Waverly Ln, Prattville, AL, 36067 uses $56,322 cash to close to unlock $4,663/yr annual cash flow and $389/mo monthly cash flow. Total monthly income runs $1,348/mo, and a $832/mo payment keeps the spread at $389/mo. Purchase price stands at $169,900, and rental yield measures 9.52% with $1,348/mo rent. Return on cash invested shows 28.19% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 146.57% and total cumulative return in cash records $82,550. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,348/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36067, Prattville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,851 (100%) |
| Owner Occupied HU | 8,099 (68.3%) |
| Renter Occupied HU | 2,648 (22.3%) |
| Vacant Housing Units | 1,104 ( 9.3%) |
| Median Home Value | $205,070 |
| Average Home Value | $237,005 |
Housing Distribution
Address Breakdown
Residential
11,346
Single Family
11,255
Multi-Family
91
Businesses
605
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Listed by: Norris Glover • ERA Weeks & Browning Realty
Mls Name: MAAR
Mls ID: #581773