741 Thompson DrMonroevilleAL36460
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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 Monroeville at 741 Thompson Dr, Monroeville, AL, 36460 generates $594/mo in rent, after a $1,566/mo payment. Total monthly income is $594/mo. Return on cash invested sits at 6.2% in year one, and rental yield is 2.23% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 28.6% and total cumulative return in cash sums $30,339. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $594/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
1.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36460, Monroeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,919 (100%) |
| Owner Occupied HU | 2,845 (57.8%) |
| Renter Occupied HU | 1,296 (26.3%) |
| Vacant Housing Units | 778 (15.8%) |
| Median Home Value | $172,455 |
| Average Home Value | $206,851 |
Housing Distribution
Address Breakdown
Residential
4,271
Single Family
3,954
Multi-Family
317
Businesses
392
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Listed by: Nickie Cronier • Prestige Realty Experts
Mls Name: Baldwin Realtors
Mls ID: #383802