777 N Horton RdWilsonvilleAL35186
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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 Wilsonville at 777 N Horton Rd, Wilsonville, AL, 35186 priced at $199,900 converts $1,643/mo rent into $515/mo cash flow after a $978/mo obligation. Total monthly income equals $1,643/mo, and annual cash flow totals $6,181/yr on $66,267 invested. Return on cash invested prints 29.24% in year one, and rental yield reads 9.86% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 152.22% and total cumulative return in cash sums $100,873. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,643/mo property income covering a $978/mo payment, not borrower’s personal income.
Manufactured
Built in 1999
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35186, Wilsonville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,343 (100%) |
| Owner Occupied HU | 1,889 (80.6%) |
| Renter Occupied HU | 256 (10.9%) |
| Vacant Housing Units | 198 ( 8.5%) |
| Median Home Value | $407,338 |
| Average Home Value | $436,637 |
Housing Distribution
Address Breakdown
Residential
2,085
Single Family
2,085
Multi-Family
0
Businesses
67
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Listed by: Debra Parks • Down South Realty Inc
Mls Name: GALMLS
Mls ID: #21422152