744 Princeton PkwyMount OliveAL35117
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 Mount Olive at 744 Princeton Pkwy, Mount Olive, AL, 35117 at $279,900 posts ROI 27.46% with $584/mo cash flow from $2,164/mo rent. Total monthly income equals $2,164/mo, and annual cash flow records $7,009/yr on $92,787 to close. Return on cash invested measures 27.46% and rental yield reads 9.28% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 142.68% and total cumulative return in cash totals $132,385.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,164/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
9,548 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35117, Mount Olive, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,686 (100%) |
| Owner Occupied HU | 2,258 (84.1%) |
| Renter Occupied HU | 289 (10.8%) |
| Vacant Housing Units | 139 ( 5.2%) |
| Median Home Value | $290,234 |
| Average Home Value | $310,559 |
Housing Distribution
Address Breakdown
Residential
2,629
Single Family
2,629
Multi-Family
0
Businesses
55
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Nearby investment properties with comparable prices
Listed by: Robert Snyder • Dalton Wade Inc
Mls Name: ValleyMLS
Mls ID: #21902549