800 King LnSelmaAL36701
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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 Selma at 800 King Ln, Selma, AL, 36701 offers $842/mo rent that, after a $538/mo payment, leaves $222/mo cash flow. Total monthly income is $842/mo, and annual cash flow is $2,658/yr on $36,465 cash. Return on cash invested measures 27.2% in year one, and rental yield stands at 9.19% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 141.27% and total cumulative return in cash reaches $51,516. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $842/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36701, Selma, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,227 (100%) |
| Owner Occupied HU | 5,463 (53.4%) |
| Renter Occupied HU | 3,399 (33.2%) |
| Vacant Housing Units | 1,365 (13.3%) |
| Median Home Value | $114,721 |
| Average Home Value | $152,100 |
Housing Distribution
Address Breakdown
Residential
9,214
Single Family
8,267
Multi-Family
947
Businesses
715
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Listed by: Kent Woodruff • Cornerstone Realty LLC.
Mls Name: MAAR
Mls Provider:
Mls ID: #559136
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