73 County Road 582GeraldineAL35974
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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 Geraldine at 73 County Road 582, Geraldine, AL, 35974 generates $1,000/mo in rent and, after a $563/mo payment, leaves $351/mo in cash flow. Total monthly income is $1,000/mo, and annual cash flow is $4,209/yr on $38,123 invested. Return on cash invested sits at 30.95% in year one, and rental yield is 10.43% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 161.38% and total cumulative return in cash sums $61,521. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,000/mo property income rather than buyer’s personal income.
Manufactured
Built in 2020
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35974, Geraldine, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 727 (100%) |
| Owner Occupied HU | 506 (69.6%) |
| Renter Occupied HU | 154 (21.2%) |
| Vacant Housing Units | 67 ( 9.2%) |
| Median Home Value | $210,938 |
| Average Home Value | $250,736 |
Housing Distribution
Address Breakdown
Residential
730
Single Family
730
Multi-Family
0
Businesses
87
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