8420 E Rabby StBayou La BatreAL36509
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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
Investment property for sale in Bayou La Batre at 8420 E Rabby St, Bayou La Batre, AL, 36509 offers a 13.42% rental yield on a $109,000 purchase with $1,219/mo rent. Total monthly income registers $1,219/mo, and a $534/mo payment leaves $603/mo available for distribution. Annual cash flow reaches $7,239/yr on $36,134 to close, and return on cash invested stands at 39.94% in year one. Equity gained on principal adds $703/yr while 5% annual appreciation supports $30,115 over five years. Portfolio math shows five-year ROI at 209.72% and total cumulative return in cash at $75,778. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,219/mo property income against a $534/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
8,394 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36509, Bayou La Batre, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 627 (100%) |
| Owner Occupied HU | 370 (59.0%) |
| Renter Occupied HU | 168 (26.8%) |
| Vacant Housing Units | 89 (14.2%) |
| Median Home Value | $91,818 |
| Average Home Value | $151,595 |
Housing Distribution
Address Breakdown
Residential
689
Single Family
634
Multi-Family
55
Businesses
187
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Listed by: Vina Khanthavongsa • EXIT Realty Promise
Mls Name: GCMLS
Mls ID: #7700625