829 Redbird RdThomasvilleAL36784
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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 Thomasville at 829 Redbird Rd, Thomasville, AL, 36784 generates $1,418/mo in rent and, after a $1,028/mo payment, leaves $233/mo in cash flow. Total monthly income is $1,418/mo, and annual cash flow is $2,790/yr on $69,615 invested. Return on cash invested sits at 23.92% in year one, and rental yield is 8.1% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 123.65% and total cumulative return in cash sums $86,080. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,418/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
4 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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Listed by: Kathy Brasell • RE/MAX Tri-Star
Mls Name: MAAR
Mls Provider:
Mls ID: #568111
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