741 N Memorial DrPrattvilleAL36067
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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 Prattville at 741 N Memorial Dr, Prattville, AL, 36067 offers $2,212/mo rent that, after a $1,321/mo payment, leaves $689/mo cash flow. Total monthly income is $2,212/mo, and annual cash flow is $8,263/yr on $89,472 cash. Return on cash invested measures 29.14% in year one, and rental yield stands at 9.83% at a $269,900 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,568 by year five. Five-year ROI records 151.66% and total cumulative return in cash reaches $135,690. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,212/mo property income versus a $1,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.89 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: April Crawford • Real Broker, LLC.
Mls Name: MAAR
Mls ID: #583105