806 Marks AveBay MinetteAL36507
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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 Bay Minette at 806 Marks Ave, Bay Minette, AL, 36507 priced at $342,900 pairs $2,154/mo rent with $219/mo cash flow after a $1,678/mo payment. Total monthly income equals $2,154/mo, and annual cash flow comes to $2,626/yr on $113,671 invested. Return on cash invested is 22.22% in year one, and rental yield stands at 7.54% on a $342,900 basis. Equity gained on principal adds $2,213/yr, and 5% annual appreciation accumulates to $94,737 by year five. Five-year ROI measures 114.5% and total cumulative return in cash reaches $130,157. For financing, Ziffy Mortgage’s DSCR program evaluates $2,154/mo property income against a $1,678/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
2,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36507, Bay Minette, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,008 (100%) |
| Owner Occupied HU | 5,931 (65.8%) |
| Renter Occupied HU | 1,994 (22.1%) |
| Vacant Housing Units | 1,083 (12.0%) |
| Median Home Value | $244,654 |
| Average Home Value | $269,012 |
Housing Distribution
Address Breakdown
Residential
7,944
Single Family
7,570
Multi-Family
374
Businesses
647
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Listed by: Joseph Morgan • Adams Homes LLC
Mls Name: Baldwin Realtors
Mls ID: #383797