770 Morningview DrThomasvilleAL36784
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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
Rental property for sale in Thomasville at 770 Morningview Dr, Thomasville, AL, 36784 priced at $175,300 pairs $1,801/mo rent with $812/mo cash flow after a $858/mo payment. Total monthly income equals $1,801/mo, and annual cash flow comes to $9,738/yr on $58,112 invested. Return on cash invested is 36.67% in year one, and rental yield stands at 12.33% on a $175,300 basis. Equity gained on principal adds $1,131/yr, and 5% annual appreciation accumulates to $48,432 by year five. Five-year ROI measures 192.03% and total cumulative return in cash reaches $111,593. For financing, Ziffy Mortgage’s DSCR program evaluates $1,801/mo property income against a $858/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36784, Thomasville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,761 (100%) |
| Owner Occupied HU | 2,178 (57.9%) |
| Renter Occupied HU | 845 (22.5%) |
| Vacant Housing Units | 738 (19.6%) |
| Median Home Value | $193,151 |
| Average Home Value | $232,951 |
Housing Distribution
Address Breakdown
Residential
3,214
Single Family
3,162
Multi-Family
52
Businesses
364
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